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
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...
Resolute signs MoU with Nimba Mining Company to co-develop gold projects in Guinea. The company targets 500,000 ounces of annual gold production...
Montage Gold increases Koné’s measured and indicated resources to 5.88 million ounces. The company maintains first gold production in...
Senegal establishes a national chapter of the ECOWAS Rice Observatory (ERO) to boost local rice competitiveness. Local production covers less...
Weeks after cutting ties with Fitch following its downgrade to speculative grade, the African Export-Import Bank raised a record amount on the syndicated...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...