URGENT: US PPI declines by 0.2% in May    Egypt secures $130m in non-refundable USAID grants    HSBC named Egypt's Best Bank for Diversity, Inclusion by Euromoney    Singapore offers refiners carbon tax rebates for '24, '25    Egypt's CBE offers EGP 4b zero coupon t-bonds    G7 agrees on $50b Ukraine loan from frozen Russian assets    EU dairy faces China tariff threat    Over 12,000 Egyptian pilgrims receive medical care during Hajj: Health Ministry    Egypt's rise as global logistics hub takes centre stage at New Development Bank Seminar    Blinken addresses Hamas ceasefire counterproposal, future governance plans for Gaza    MSMEDA, EABA sign MoU to offer new marketing opportunities for Egyptian SMEs in Africa    Egypt's President Al-Sisi, Equatorial Guinea's Vice President discuss bilateral cooperation, regional Issues    Egypt's Higher Education Minister pledges deeper cooperation with BRICS at Kazan Summit    Gaza death toll rises to 37,164, injuries hit 84,832 amid ongoing Israeli attacks    Egypt's Water Research, Space Agencies join forces to tackle water challenges    BRICS Skate Cup: Skateboarders from Egypt, 22 nations gather in Russia    Pharaohs Edge Out Burkina Faso in World Cup qualifiers Thriller    Egypt's EDA, Zambia sign collaboration pact    Madinaty Sports Club hosts successful 4th Qadya MMA Championship    Amwal Al Ghad Awards 2024 announces Entrepreneurs of the Year    Egyptian President asks Madbouly to form new government, outlines priorities    Egypt's President assigns Madbouly to form new government    Egypt and Tanzania discuss water cooperation    Grand Egyptian Museum opening: Madbouly reviews final preparations    Madinaty's inaugural Skydiving event boosts sports tourism appeal    Tunisia's President Saied reshuffles cabinet amidst political tension    Instagram Celebrates African Women in 'Made by Africa, Loved by the World' 2024 Campaign    Egypt to build 58 hospitals by '25    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Algeria's 3G license finally getting tender
Published in Bikya Masr on 24 - 08 - 2011

Algeria's ministry of telecommunications has confirmed the long-awaited 3G tender for the country is to be made available sometime in September. Speaking to reporters at a press conference in Algiers, Telecom Minister Moussa Benhamadi said that the government plans to auction the new 3G spectrum next month.
The move puts years of waiting into action and analysts believe that the new move will help push Algeria into the modern telecom-based economies that are currently succeeding in Africa.
“We believe that this licensing will create a lot of possibilities for the country and should drive further IT development in the country,” said Murray Jackson, a London-based securities analyst, who has worked with North African countries to boost their IT output in recent years.
According to the minister, the tender will most likely be held in early 2012, and would be open to Algeria's three mobile operators, Orascom Telecom Algeria, Algerie Telecom and Wataniya Telecom Algeria.
Local reports say the licenses will cost approximately $40 million individually.
Nedjma is the first company that has declared interest in the auction and CEO Joseph Ged said his company “is committed to increasing our investments to fulfill all the license obligations as would be set and decided by the Algerian government.”
BM


Clic here to read the story from its source.