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
Gabon held the 5th steering committee for the eGabon and Gabon Digital programs on February 23. Authorities aim to strengthen interministerial...
The draft Cybercrime Bill would grant authorities expanded investigative powers over electronic data and communications. The Institute for Public...
Mauritania opens digital service center in Bassikounou FAO-backed facility offers free internet, e-government support Initiative targets...
MTN to invest about $1.1 billion over three years in Ghana Funds aimed at expanding coverage and improving data reliability Operator...
Most Read
01

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...

ECOWAS Eco Currency May Launch Without WAEMU in 2027 Push
02

South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...

Three Countries Drove 70% of Africa’s M&A Deal Value in 2025
03

Investigation targets alleged breaches of Nigeria’s 2023 data protection law Platform processes p...

Nigeria: Investigation on Chinese Owned Temu Regarding Privacy Breach Concerns for Local Users
04

West African Development Bank (BOAD) launched preparation of its 2026–2030 strategic plan wit...

BOAD Launches 2026–2030 Strategy With Boston Consulting Group Support
05

The fast-growing installment payment market is set to expand sharply across the continent, even as s...

Africa’s ‘Buy Now, Pay Later’ Market to Triple to $16.8 Billion by 2031, Report Says
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.