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
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
IMF approves $3.2 million disbursement under Guinea-Bissau program Performance weaker than expected, several targets and benchmarks...
Senegal’s president to visit Spain March 24-26 at king’s invitation Talks expected on migration, security, and economic cooperation sectors Spain...
DR Congo says fuel supply stable, stocks sufficient through June Government plans strategic reserve amid Middle East-related disruptions Global...
Food prices vary widely across regions, highest in Lomé Cereals cheaper near production areas; vegetables show mixed patterns Transport costs drive...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...