The launch of 4G licences in Egypt will help boost low user revenue for telecom companies and improve service quality, which will be a boon for businesses. Four licences are currently being offered with Telecom Egypt (TE), the publically-owned fixed line operator, having acquired the first one on 31 August for EGP 7.06m ($796.5m). TE is due to begin providing 4G mobile services within six months. “Average revenue per user is among the lowest in the world at EGP 23 ($2.59) per month,” Yves Gauthier, the CEO of Orange Egypt, told Oxford Business Group. A number of foreign MNOs were also vying for 4G licences in the large Egyptian market with Kuwaiti company Zain offering to buy one in upfront US dollar instalments.

Source: Daily News Egypt September 07, 2016 18:11 UTC