Telecom Egypt expects to take 5% of mobile market in one year

Telecom Egypt CEO Mohamed al-Nawawy has called for expediting issuance of the fourth mobile carrier license, which was approved by cabinet in September.
The company will start offering its services to subscribers five weeks after getting the license without frequencies, he said expecting them to be obtained, when the government offers the fourth-generation frequencies.
He added that the company is ready on the marketing, technical and administrative levels to offer comprehensive telecommunications services nationwide at one time. The customer service system of the whole company will be developed to include highly-qualified team. Nawawy also indicated to the many outlets of the company across the country.
The company will offer a package of services and offers for the current subscribers, Nawawy said expecting to obtain 5 percent of the market of mobile carriers in Egypt. Its code will be 0155.
He added that telecommunications market got LE35 billion last year, 15 percent of these revenues were for Telecom Egypt, while the rest went for the mobile operators.
Volume of joint business with the other three mobile carriers (Mobinil, Etisalat and Vodafone) surpasses four billion annually, according to Nawawy, while conflicts did not exceed 1 percent. The disputes are being resolved through negotiations between the three operators and the National Telecommunications Regulatory Authority.
Edited translation from Al-Masry Al-Youm

Related Articles

Back to top button