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
Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
BOAD says sovereign bond purchases are liquidity management Member states accelerate borrow...
Newcore Gold raises C$10.3 million via warrant exercises Funds to advance Enchi project pre-feasibility study Enchi hosts 1.7 million ounces in...
AEDC in talks to buy power from 350-MW NNPC plant Deal aims to boost electricity supply in Abuja area National output falls to 4,300 MW amid gas...
BGFI raises CFA 45.3 billion in BVMAC IPO tranche 7,601 investors from 24 countries subscribed shares Listing to make BGFI first multinational on...
Stanbic, Standard Bank arrange $205 million loan for E&P Five-year facility supports mining partnership with Gold Fields Mining sector...
Rwanda’s capital immediately impresses visitors with its striking cleanliness and orderly layout, qualities that frequently set it apart from other cities...
More than 500 media leaders gathered in Nairobi on Feb. 25–26 for the fourth African Media Festival under the theme “Resilient Stories: Reinventing...