Egypt to increase internet penetration rate to 50% by 2016

Country is looking to add 500,000 new internet users by the end of this year
Egypt to increase internet penetration rate to 50%

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Egyptian communications minister Khaled Ali Negm has revealed that the country is looking to add some 500,000 new internet users by the end of this year, Reuters reports.

Negm also said that the country aims to increase its internet penetration rate from the current 34% to 50% by the end of 2016.

The Ministry of Communications and Information Technology (MCIT) is hoping to see 1.5 million more customers sign up for a broadband service by the end of 2016, adding to the approximately 3.4 million people already connected, while entry-level access speeds are expected to be increased from 1Mbps to 2Mbps.

The MCIT have requested a price reduction for internet services at the start of this month as part of plans to boost take-up, some 31,000 new internet subscribers are said to have come online since that date.

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