Back to the complete issue
Sunday, 13 January 2019

Egypt loses mobile subscribers in October, penetration rate falls to 102.48%

The number of mobile service subscribers in Egypt declined 5.52% y-o-y in October 2018 to record 94.31 mn, down from 99.82 mn in October 2017, according to an ICT Ministry report (pdf). This brought Egypt’s mobile phone penetration rate to 102.48% by the end of October, down 7.89% y-o-y. The number of ADSL subscribers, meanwhile, increased 25% y-o-y, to stand at 6.31 mn in October 2018, up from 5.05 mn in October 2017. Mobile internet users rose 8.45% y-o-y to record 35.99 mn in October 2018. Federation of Egyptian Industries’ ICT division head Hamdy El Leithy attributed the decline in mobile phone penetration rate to MNOs passing on to customers the cost of higher taxes in the sector (watch, runtime 04:33)

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. © 2021 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of Commercial International Bank (tax ID: 204-891-949), the largest private-sector bank 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; and Act Financial (tax ID: 493-924-612), the leading activist investor in Egypt; and Abu Auf (tax ID: 584-628-846), the leading health foodmaker in Egypt and the region.