Back to the complete issue
Wednesday, 10 August 2016

Breakthrough in talks over 4G license

The National Telecommunications Regulatory Authority (NTRA) has caved-in to demands that additional frequencies be offered to mobile network operators after 4G licenses are tendered. An NTRA source tells Al Borsa that the regulator has opened talks with other government agencies to free frequencies for the 4G spectrums, expecting them to be made available in the coming months. NTRA officials have also reportedly addressed concerns raised by Orange Egypt regarding service levels, sources from the CIT Ministry told Al Mal. The regulator will also meet with representatives from Vodafone Egypt and Etisalat Misr to discuss their concerns. As we had earlier reported, the NTRA had refused to back down from its requirement that a portion of 4G license fees be paid in USD; it had also refused to make more 4G spectrum available to MNOs. The breakthrough in talks came just as the 48 hour “take it or leave it” ultimatum handed to network operators expired yesterday.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.