{"id":640828,"date":"2017-09-05T11:56:26","date_gmt":"2017-09-05T11:56:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/te-to-pay-remaining-egp-1-8-bn-for-4g-license-in-three-yearly-installments\/"},"modified":"2017-09-05T11:56:26","modified_gmt":"2017-09-05T11:56:26","slug":"te-to-pay-remaining-egp-1-8-bn-for-4g-license-in-three-yearly-installments","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/te-to-pay-remaining-egp-1-8-bn-for-4g-license-in-three-yearly-installments\/","title":{"rendered":"TE to pay remaining EGP 1.8 bn for 4G license in three yearly installments"},"content":{"rendered":"<p>Telecom Egypt will be paying the remaining EGP 1.8 bn for its 4G license in installments every August for the next three years, sources <a href=\"http:\/\/www.almalnews.com\/Story\/344532\/17\/%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D9%84%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA-%D8%AA%D8%B3%D8%AF%D8%AF-%D8%A3%D9%82%D8%B3%D8%A7%D8%B7-4G-%D9%81%D9%89-%D8%A3%D8%BA%D8%B3%D8%B7%D8%B3-%D8%B3%D9%86%D9%88%D9%8A%D8%A7\">tell Al Mal<\/a>. Half of the payment will be made in USD with the first of which tallying up to EGP 235 mn and USD 26 mn. TE already paid EGP 5.2 bn out of a total EGP 7.08 bn for the license. TE should be <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/27\/on-the-horizon-182\/\">launching its mobile network services<\/a> these coming days and has already kicked off its <a href=\"http:\/\/www.almalnews.com\/Story\/344760\/17\/%D8%A8%D8%AD%D9%85%D9%84%D8%A9-%D8%A5%D8%AD%D9%86%D8%A7-%D8%A3%D9%83%D8%AA%D8%B1-%D8%AD%D8%AF-%D8%B9%D8%A7%D8%B1%D9%81%D9%83---%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D9%84%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA-%D8%AA%D8%B3%D8%AA%D8%B9%D8%AF-%D9%84%D9%84%D9%85%D8%AD%D9%85%D9%88%D9%84\">billboard campaign<\/a>. The operator has already received its frequencies and will offer mobile services through local roaming in Cairo, Alexandria, Aswan, Luxor, Sharm El Sheikh, and Hurghada.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telecom Egypt will be paying the remaining EGP 1.8 bn for its 4G license in installments every August for the next three years, sources tell Al Mal. Half of the payment will be made in USD with the first of which tallying up to EGP 235 mn and USD 26 mn. TE already paid EGP [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9290],"tags":[72,2369],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-640828","post","type-post","status-publish","format-standard","hentry","category-telecoms-ict","tag-enterpriseam","tag-telecoms-ict","wpautop","entry"],"acf":{"mongo_id":"9f7dca35-b9ca-4615-8b93-b6f761e372a7","order":"0","is_powered_by":true,"section_story_id":"c8fe911b-0ce7-45d0-9fcc-149744820186","story_type":"1","photo_url":"","photo_position":"above","related_issue":[640791],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>TE to pay remaining EGP 1.8 bn for 4G license in three yearly installments - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/te-to-pay-remaining-egp-1-8-bn-for-4g-license-in-three-yearly-installments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TE to pay remaining EGP 1.8 bn for 4G license in three yearly installments\" \/>\n<meta property=\"og:description\" content=\"Telecom Egypt will be paying the remaining EGP 1.8 bn for its 4G license in installments every August for the next three years, sources tell Al Mal. Half of the payment will be made in USD with the first of which tallying up to EGP 235 mn and USD 26 mn. 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Half of the payment will be made in USD with the first of which tallying up to EGP 235 mn and USD 26 mn. 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USD 2.4 bn) project to develop a telecommunications network in the new administrative capital, cabinet said in a statement. TE will build and operate the city\u2019s tech and digital security infrastructure under an agreement signed between the state-owned\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645147,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/telecom-egypt-signs-agreement-to-borrow-egp-13-bn-from-banking-consortium\/","url_meta":{"origin":640828,"position":1},"title":"Telecom Egypt signs agreement to borrow EGP 13 bn from banking consortium","author":"enterpriseam admin","date":"12 July 2017","format":false,"excerpt":"Telecom Egypt (TE) signed an agreement with the National Bank of Egypt to arrange a EGP 13 bn loan from a consortium of banks to upgrade its infrastructure and mobile internet services, Al Mal reports. CIB, QNB Al Ahli Bank, Banque Misr, and Credit Agricole will contribute to the loan.\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594198,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/22\/telecom-egypt-to-have-20-mn-homes-fiber-optic-supported-by-2020\/","url_meta":{"origin":640828,"position":2},"title":"Telecom Egypt to have 20 mn homes fiber-optic-supported by 2020","author":"enterpriseam admin","date":"22 October 2019","format":false,"excerpt":"Telecom Egypt is planning to install optical fiber in 20 mn homes by 2020, CFO Mohamed Shamroukh said, according to Al Masry Al Youm. The company has already invested north of USD 3 bn to improve the country\u2019s internet infrastructure, Shamroukh added. 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