TE studies amending infrastructure usage fees after scathing report from CAA

Telecom Egypt (TE) is looking into amending a pricing scheme for MNOs and internet service providers using its infrastructure, an unnamed company official tells Youm7. The move comes after the Central Accounting Agency (CAA) issued a report criticizing TE for unilaterally setting prices and making additional profits off of infrastructure usage fees without prior agreement with MNOs. TE earned EGP 320 mn during 2015 and 2016 from higher infrastructure rental fees, the CAA’s report states, demanding additional details for the revenues earned from the service after finding an EGP 8 mn imbalance, according to Arab Finance.