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Thursday, 13 October 2016

NTRA reportedly considering repricing 4G spectra entirely in USD

Is the NTRA going to reprice 4G spectra entirely in USD? The National Telecommunications Regulatory Authority (NTRA) is reportedly considering repricing 4G spectra entirely in USD, sources tell Al Mal. The move comes after Orange Egypt is said to have contacted the NTRA to re-open talks ahead of the regulator’s board meeting yesterday, which was to decide on the fate of 4G spectra. The source does not explain how that move would then push the NTRA to consider such a measure. The motion of pricing licenses in USD may be the NTRA’s opening gambit in renewed talks. It is also unclear whether Vodafone Egypt or Etisalat Misr are also interested in opening talks. The three MNOs have been holding a united front in both their rejection of 4G and in refusing to allow Telecom Egypt to use their 2G and 3G infrastructure. Under the old terms 50% of the price of the license would be paid in EGP, while the rest would be paid in USD. The regulator had been considering putting the spectra up for auction to international competitors in an auction to be settled entirely in USD.

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