Deals
Egypt May Offer 4G License in International Tender, Agency Says
- Domestic mobile operators spurn government’s terms for license
- New tender would provide new offers and terms to operators
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Egypt may offer 4G mobile-phone licenses to international telecommunications companies, the head of the nation’s telecom regulator said Thursday, after the three local operators rejected the government’s terms.
The National Telecom Regulatory Authority will present to its board options for offering the new licenses on Oct. 10, Executive President Mustafa Abdul Wahid said by phone, confirming that all three local operators had rejected the licenses. Earlier, Arabiya TV cited Telecommunications Minister Yasser El Qady as saying the new licenses would be offered under terms different from those presented to domestic operators. El Qady said 4G service would go ahead as planned, and would be offered by Telecom Egypt, according to the report.