ISPs will bear part of the VAT cost if TE agrees on lowering infrastructure rent

Internet service providers are only willing to partially foot the bill for the 14% value-added tax on their services if Telecom Egypt (TE) agrees to lower its infrastructure rent fees, an unnamed company executive tells Al Mal. Infrastructure rent fees account for 80% of customer's’ monthly internet bills, he explained. We had noted before that data packages are set to cost more in September, when the VAT costs get passed on to the consumer.