Telecom Egypt to acquire mobile license in 2016

Minister Khaled Ali Negm said that the proposed unified concession is “expected”
Telecom Egypt  to acquire mobile license in 2016


Telecom Egypt is now not expected to acquire a concession allowing it to enter the mobile sector under its own steam until 2016, according to Reuters.

The regulator approved Egypt’s planned unified licence regime in late-2014, thus paving the way for Telecom Egypt to launch its own mobile products. However, in May 2015 Telecoms Egypt chief executive said that the company was hoping to have been handed the new licence this year.

Communications minister Khaled Ali Negm said that the proposed unified concession is “expected” and the license will be given to the company “during 2016.”

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