Vodafone Egypt, Orange Misr, and Etisalat Misr are looking into restructuring their contracts with distributors by the next month to give the latter legal capacity to act as franchises, Al Borsa reports. The move is meant to circumvent regulations the National Telecommunications Regulatory Authority (NTRA) had set out in January to limit the sale of phone lines through third-party distributors and enforce know-your-customer regulations. The operators complied with the new requirements, and also stopped distributors from offering wireless phone line recharging services, as of last week. Meanwhile, the Cairo Chamber of Commerce’s ICT centers division are looking into several proposals to compensate the distributors for the losses incurred by the NTRA’s decision, division head Ihab Saeed tells Al Mal.
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