Etisalat Misr, the third operator in the Egyptian telecom market in terms of subscribers, launches its activities in the fixed telephony segment.
The new service is launched in accordance with the give-and-take agreement met in 2017 with the regulator. That agreement specified that the introduction of Telecom Egypt, the incumbent carrier, in the mobile telephony segment would also allow mobile operators access to the fixed telephony segment. Telecom Egypt launched its activities in the mobile segment under the WE brand on September 18, 2017.
The new fixed services of Etisalat Misr are connected to the network of Telecom Egypt with which a commercial agreement of many years has been signed. Etisalat Misr spent $11 million to get the license which will help it realise its ambition to become an operator of integrated services. Its goal is now to maximise profits with this new service. To that regard, Etisalat Misr announces an investment between EGP3.5 billion and EGP4.5 billion ($195,265,849 - $251,056,092) to boost the services offered in all segments.
Even though the voice segment remains a promising segment, the telecom company plans to focus particularly on the data market to meet the ever-pressing demand of high broadband consumers. Extending the 4G and ADSL coverage will be the major projects initiated by Etisalat Misr.
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Amazone Airlines begins flights between Cotonou and Parakou on March 23 The carrier emerges from a merger aimed at rebuilding national air...
Middle East disruptions cut global jet fuel shipments by about 21% Europe faces supply strain as Asian and Gulf flows decline Dangote refinery emerges...
Ethiopia allocates about $15 million to expand farm mechanization New equipment includes tractors, irrigation systems, and rice threshers The...
Mali creates new agency to regulate artisanal gold flows Up to 30 tons of gold go undeclared each year, with wider gaps over time Model draws on...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...