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Tuesday, 25 October 2016

MNOs want TE to pay for maintenance before renting network

The three existing mobile network operators are asking Telecom Egypt to bear some of the cost of maintaining infrastructure before signing a national roaming agreement that would rent TE space on their existing networks, Al Borsa reports. Under the agreement, TE will only be allowed to contribute to equipment at cell sites if it can guarantee other operator’s equipment are unaffected, sources revealed. Etisalat Egypt may allow TE to use its infrastructure in exchange for services, Etisalat Chairman Gamal El Sadat said.

In other industry news: Orange Egypt has paid EGP 2.150 bn, representing the EGP portion of the 4G license, unnamed sources told Al Mal. The company is set to hold an EGM on 6 November to vote on obtaining a loan from its parent company to fund the USD portion of the license, valued at USD 248 mn, the source added. The mobile network operators were given until 13 November to secure financing.

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