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
MTN South Sudan cuts service prices by 25%, minister says Government presses operators to further reduce internet costs ITU says mobile internet...
MindHYVE.ai and IUCEA partner to expand AI training across 170+ East African universities Agreement provides access to advanced agentic-AI tools,...
Ethiopia will use digital platforms to register voters and candidates for the 2026 elections NEBE has deployed online tools, mobile apps, call centers,...
Mauritius will require foreign digital service providers to charge and remit 15% VAT from 1 January 2026. Companies earning more than MUR 3...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...

Benin Government Says Attempted Coup Against President Talon Has Been Foiled
03

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
04

In Cotonou, Benin’s economic capital and home to the country’s leading institutions, the situation r...

Calm in Cotonou - Benin After Coup Announcement on State Owned Television
05

GSMA outlines reforms needed to meet targets of the New Technological Deal 2034 High mobile taxes...

GSMA Maps the Reforms Required for Senegal’s Digital Takeoff
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.