Telecom

Vodafone EGYPT all set to launch 4G, awaits ANRT’s approval, CEO says

Wednesday, 30 November 2016 16:38

Vodafone Egypt is all set to launch 4G in the country, its CEO Stefano Gastaut told Menafn.

The head of the Egyptian subsidiary of British Vodafone said only the approval of the National Telecommunications Regulatory Authority (ANRT), is left for the firm to launch 4G. With the arrival of mobile operator Telecom Egypt, Stefano Gastaut promised a continuous investment in his company’s network, in spite of actual economic conditions.

“We did not change our investment policies, especially in terms of developing the network. Investing in 4G is not limited to paying a fee for the licence, as we have been developing our network for the past two years to be ready for when the service is enabled (…) Successful companies do not invest when the stars align, but they invest in preparing to seize opportunities. Vodafone knew this technology would be coming sooner or later and worked to prepare to obtain the licence. This is the result now: we are 100% ready to launch the service and at the highest possible quality,” Gastaut said.

Vodafone Egypt obtained its 4G licence on October 16, 2016, for $335 million. The firm also got a virtual licence to provide landline services on Telecom Egypt’s network, for $11.262 million.

Muriel Edjo

On the same topic
Nigeria launches mobile app to connect women with economic services Platform targets 25 million women, President Tinubu says App centralizes...
Airtel Nigeria to add 2Africa cable gateway in Akwa Ibom Move reduces reliance on Lagos, boosting network redundancy and resilience Data use...
Digital economy minister meets investors from the UAE and Tunisia Government seeks private partnerships to accelerate digital projects DRC...
Government targets underserved rural and remote areas Program aims to connect one million people by end-2026 Satellite access to complement existing...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...

Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
03

Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...

Gulf of Guinea regains appeal as a key exploration hub for oil majors
04

The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...

Togolese Fintech Semoa Wins Full-Service BCEAO License
05

MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...

MTN’s Talks to Buyout IHS: A Strategic Reversal That Could Reshape African Telecoms
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.