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
A Telecel entrou oficialmente no mercado de telecomunicações do Gana em fevereiro de 2023, ao assumir as operações da Vodafone, então em dificuldades....
DR Congo issues new rules for regulated digital services Framework sets authorization process, five-year renewable permits Operators must...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliability and future 5G readiness Move aims to compete...
Guinea signs deal with Azerbaijan for digital one-stop portal Platform aims to centralize services, cut delays, improve access Reform supports...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
03

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
04

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
05

ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...

ECOWAS Considers Regional Platform to Enforce Air Passenger Compensation
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.