Increases for mobile phone balance recharge cards, approved by the National Telecommunications Regulatory Authority (NTRA) Thursday, caused an uproar on Saturday from the Association of Citizens Against Price Rises. The group accused NTRA of regulating monopolization, due to the two percent profits it receives from mobile service operators. The Association called for the expansion of mobile phone boycott campaigns in support of the consumer case, and called on mobile phone users to refrain from buying balance recharge cards after prices were raised by 36 percent. The General Union of Mobile and Communication Traders said that the decision did not take into account the economic situation, and harmed both citizens and retailers. Head of the union, Hamad al-Nabarawy, said that such an increase would have negative effects on consumers.

Source: Egypt Independent October 01, 2017 10:07 UTC