Regulation, tight competition in saturated market biting telcos? Etisalat Misr reported a 7% decline in subscriber numbers to 31 mn in 3Q2018 ““mainly due to stricter regulatory requirements for subscriber acquisitions through indirect channels and increased competitiveness in the market.” Revenue was up 18% year-on-year at the equivalent of AED 0.7 bn, driven by mobile data, international roaming, and national roaming fees, parent company Etisalat said in its 3Q2018 earnings release (pdf). Egypt had some 95.7 mn mobile lines in active use as of June 2018, down 4.6% year-on-year.

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