According to the terms rejected by mobile companies, Orange and Vodafone were to obtain 7.5 MHz each, while Etisalat was to receive 10 MHz, in addition to 15 MHz for Telecom Egypt (TE). The result was that Orange and Etisalat received 10 MHz each and Vodafone obtained only 5 MHz. The redistribution of frequency bands made Orange the biggest winner, getting 10 MHz for $484m ($48.4m per 1 MHz), which is $4.7m per MHz less than the old price. Hence, Orange obtained more frequency bands than it was offered before 22 September (7.5 MHz for $398.6m). The old conditions gave Vodafone 7.5 MHz for $398.6m with a MHz price of $53.1m.

Source: Daily News Egypt October 22, 2016 15:33 UTC