This comes as part of the NTRA’s keenness to raise the efficiency of the services it provides to users and facilitate ways to obtain them, in line with the Egyptian government’s shift towards digital transformation.
Total of 97% of all complaints resolved, with largest number of complaints on ADSL services
Parliament imposed an EGP 50 fee for buying a new mobile line, a monthly EGP 10 on mobile bills
If Europe is the main region of the so-called ‘techlash,’ then Germany is its capital. The country’s Federal Network Agency is currently locked in a legal battle with Google and according to its boss, it means business.The head of Germany’s telecoms regulator has said in an interview that tech giants such as Google and Facebook …
Algerian company Omnium Telecom will continue to control Global Telecom’s dealings finance-wise.
We increased infrastructure investments by 40%, says Al-Hegazy
The National Telecommunications Regulatory Authority (NTRA) is examining a final settlement for the “interconnection” dispute, which is the sole obstacle in issuing the licence.
By Leila Abboud and Tom Pfeiffer /Reuters PARIS/CAIRO: France Telecom has finalized a deal to buy most of its partner’s stake in Egyptian mobile operator Mobinil for €1.5 billion ($2 billion), leaving the venture with 95 percent French ownership but significant Egyptian board and management presence. Orascom Telecom Media and Technology Holding’s (OTMT) shares jumped 5.2 …
By Reuters CAIRO: Proposed amendments to an Egyptian law requiring mobile telecom operators to give a percentage of their shares to Egyptians would apply only to new license operators, a communications ministry official said on Tuesday. Orascom Telecom Media and Technology said in February it had reached a preliminary accord to sell most of its …
By Reuters CAIRO: Orascom Telecom Holding SAE (OT), the Egyptian company bought last year by Russia’s Vimpelcom Ltd, said on Monday it narrowed its losses in the fourth quarter to $83 million compared with a year earlier when it was hit by impairment charges. Orascom was expected to report net income of $70 million, according …
By Matt Smith and Regan Doherty / Reuters DOHA: Egypt will launch a tender for mobile virtual network operator (MVNO) licenses within four weeks, the country’s communications minister said on Tuesday. MVNOs are mobile phone service providers which lease excess network capacity from telecom operators. Industry executives had been hoping the tender would take place last …
By Leila Abboud and Kate Holton / Reuters BARCELONA: Poor infrastructure, fragmented markets and stiff competition mean Africa poses risks as well as potential rewards for telecom operators hunting for growth in countries like oil-rich Nigeria and post-revolution Libya and Tunisia. With new cheaper smartphones set to drive sales, a growing corporate market, and the fact …
By Leila Abboud and Kate Holton / Reuters BARCELONA: Qatar Telecom is keen to expand via acquisitions while also growing organically in countries like Tunisia, Algeria, and Iraq where its existing mobile and fixed networks need major investment, its CEO told Reuters. Nasser Marafih, who heads the highly profitable telecom operator based in the oil-rich …
By Mohamed Samir / Reuters CAIRO: The number of mobile phone subscriptions in Egypt rose 18 percent to 83.43 million last year, shrugging off an economic crisis sparked by the overthrow of President Hosni Mubarak, government figures showed on Thursday. In December 2010, Egypt’s three mobile operators — Etisalat Egypt, Mobinil and the Egyptian unit of …
By Tom Pfeiffer / Reuters CAIRO: Landline monopoly Telecom Egypt expects to maintain its profitability this year as it presses ahead with cost cuts and business clients look again at investing after a turbulent 2011, company executives said on Thursday. Telecom Egypt reported fourth-quarter net profit of LE584 million ($96.8 million), up 0.5 percent from a …
By Patrick Werr / Reuters CAIRO: Egypt’s Orascom Telecom Media Technology (OTMT) said on Wednesday it hoped to wrap up negotiations within a few weeks with France Telecom over the sale of most of its stake in Egyptian mobile operator Mobinil. Under the terms of a preliminary accord signed last week, France Telecom would buy the …
LONDON: UBS downgraded Mobinil to "neutral" from "buy" citing fears of a potential delay in a deal by France Telecom to buy Egyptian tycoon Naguib Sawiris’ stake in the country’s largest mobile phone operator. On Feb. 13, France Telecom said it had reached a preliminary accord to buy out most of Sawiris’ stake in Mobinil …
CAIRO: Egyptian mobile firm Mobinil said on Monday it posted a net loss in the fourth quarter of 2011 of LE 177 million ($29.32 million). The firm had posted a net income of LE 342 million in the same quarter of 2010, it said in a statement. Mobinil said revenue in the fourth quarter of …
By Christopher Le Coq Competition remained rife in the telecommunications sector in 2010, resulting in mergers and acquisitions as well as price wars, leaving consumers coming out on top. No doubt, the year kicked off in full swing with the protracted slugfest between France Telecom (FT) and Orascom Telecom (OT), as each battled it out over …
