Etisalat Misr is ready to begin allowing Telecom Egypt (TE) to piggyback off its infrastructure to offer local roaming services, Etisalat’s Chief Corporate Affairs Officer Khaled Hegazy said, according to Al Shorouk. TE had signed an agreement with Etisalat in June to use the latter’s infrastructure to offer 2G, 3G, and 4G services. Etisalat is also ready to offer 4G services as soon as the frequencies are geographically distributed among the three mobile network operators, Hegazy added. Etisalat injected EGP 40 bn in to upgrading its infrastructure ahead of offering 4G services, according to Hegazy.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Swvl is not dropping off of Nasdaq just yet, as company turns to the black in 2025
The company turned a profit last year, allowing it to…
IBF & Company doubles down on logistics with Techno Metal acquisition
Plus: Lucky lands USD 23 mn in Series B round,…