Telecom

Egypt: Telecom operators paid $1bln+ to acquire new frequencies

Egypt: Telecom operators paid $1bln+ to acquire new frequencies
Thursday, 05 November 2020 18:41

Telecom Egypt, Vodafone Egypt, Orange Egypt, and Etisalat Misr have obtained new telecom frequency spectra following the tender launched in October 2020 by the National Telecommunications Regulatory Authority (NTRA). According to dailynewsegypt.com, the new frequencies are granted in the 2600 MHz band reserved for broadband.

The tender, which was held in two phases, saw in its first phase the acquisition by Telecom Egypt of the 2 × 10 MHz spectrum for $305 million. Vodafone Egypt acquired the 2 x 20 MHz spectrum for $540 million. In the second phase, Orange Egypt and Etisalat Misr obtained a 2 x 10 MHz frequency spectrum respectively. The sale of these frequencies generated nearly $1.1 billion.

The new telecom frequency spectra allocated to operators are based on the time-division duplexing (TDD) technology. This system allows the transmission and reception of the telecom signal in turn on the same frequency. This solution maximizes the efficient use of the frequency spectrum in data transfers, in terms of speed and capacity, and contributes significantly to improving the quality of services provided to users.

According to Hossam El-Gamal, NTRA's executive chairman, the new frequencies are expected to spur mobile service providers to make new investments that will contribute to the development and modernization of mobile network infrastructure. A way to improve the quality of communication services.

On the same topic
The announced reforms are pivotal in expanding affordable connectivity, building a future-ready digital workforce, and establishing Ghana as a frontrunner...
When fully operational, SEA-ME-WE-6 is expected to significantly improve internet connectivity and resilience across participating regions, enhance data...
As cybersecurity asserts itself as a pillar of digital sovereignty in West Africa, technology-free zones are taking on a strategic role in safeguarding...
As a new generation of African creators increasingly works to assert narratives rooted in their own cultures, the expansion strategies of global...
Most Read
01

• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from...

Coffee: Global Consumption Expected to Reach Record Level in 2025/2026
02

• Algeria grants commercial 5G licenses to top three telecom operators: Mobilis, Djezzy, and Ooredoo...

Algeria Awards Commercial 5G Licenses
03

• Investors seem to keep focusing on yields, which are high for the moment• New Leadership might see...

Afreximbank Bonds Retain Market Confidence Despite Moody’s Downgrade
04

• Kenyan President William Ruto signs strategic partnership with UK Prime Minister Keir Starmer to b...

William Ruto in London: New Agreement Aims to Double Kenya-UK Trade by 2030
05

• IFC teams up with AfDB and Nigeria’s EbonyLife to assess a new fund for African cinema• Sector cou...

IFC Plans Investment Fund to Help Grow African Film Industry
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

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

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.