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Thursday, 4 August 2016

ECA reaches settlement with TE to eliminate monopolistic practices

Telecom Egypt has reportedly reached a settlement with the Egyptian Competition Authority over allegations of anticompetitive practices in the nation’s ADSL internet market, Al Masry Al Youm reports. While upgrading its infrastructure to fiber optic cables, the state-owned fixed-line monopoly reportedly cut service to clients of other ADSL providers who were using TE’s infrastructure without informing either the clients or the service providers. TE is now reportedly set to pay a fine of a maximum of 1% of the revenue of the utilization fees of the new infrastructure. TE and its ISP subsidiary, TE Data, have been previously accused of poaching clients from competitors under the guise of upgrading infrastructure, as well as of causing ADSL providers to lose EGP 100 mn and 300k clients as result of its monopoly over broadband infrastructure.

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