Egypt gets initial approval for $820m IMF loan disbursement    Fujifilm, Egypt's UPA Sign MoU to Advance Healthcare Training and Technology at Africa Health ExCon    Pharaohs Edge Out Burkina Faso in World Cup qualifiers Thriller    Lagarde's speech following ECB rate cuts    Russian inflation to decline in late '24 – finance minister    US, 13 allies to sign Indo-Pacific economic agreements    Sri Lanka grants Starlink preliminary approval for internet services    Acceleration needed in global energy transition – experts    HDB included in Brand Finance's top 200 brands in Africa for 2024    China-Egypt relationship remains strong, enduring: Chinese ambassador    MSMEDA aims to integrate environmental dimensions in SMEs to align with national green economy initiatives    Egypt, Namibia foster health sector cooperation    Palestinian resistance movements to respond positively to any ceasefire agreement in Gaza: Haniyeh    Egypt's EDA, Zambia sign collaboration pact    Managing mental health should be about more than mind    Egypt, Africa CDC discuss cooperation in health sector    Sudanese Army, RSF militia clash in El Fasher, 85 civilians killed    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    US Embassy in Cairo brings world-famous Harlem Globetrotters to Egypt    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.



Egypt telecom regulator delays bid deadline
Published in Daily News Egypt on 10 - 12 - 2009

CAIRO: Egypt s telecom regulator has delayed by two months the deadline for bids for two restricted licenses to supply cable, voice and Internet services, its head said on Thursday.
The head of the National Telecom Regulatory Authority (NTRA), Amr Badawi, also told Reuters it was not currently considering reviving a plan to offer a second fixed-line license that would break the monopoly of Telecom Egypt.
Bids for the cable, telecom and Internet licenses to serve residential compounds will now be due by March 15, Badawi said.
Most of the bidders requested it, he said, adding that 18 firms had bought the bid documents. They requested more time to form consortiums and prepare bids.
Companies that have confirmed their interest include existing operators Mobinil and Vodafone, as well as regional operator Orascom Telecom.
Badawi said bidders had also requested an extension to the 5,000 unit maximum per compound, but that the NTRA board was still to rule on this issue, likely later in December.
The regulator said a year ago it had decided to postpone an already-delayed auction for a second fixed-line license for a year, citing global market woes. Badawi said the regulator said options were still open but had no plans to revive the plan now.
It s not on the table right now, Badawi said. We ll see how these licenses develop and keep our options open later.
Analysts say the cable, telecom and internet licenses are limited both in geographical scope and the range of services winning bidders will provide, leaving Telecom Egypt s fixed-line monopoly largely intact.
The licenses offered by the NTRA are not fully-fledged licenses and include only the value-added services, but not voice services, investment bank Beltone wrote in a note to clients.
Badawi said the companies would be able to lay infrastructure within the compounds only.
If you want to have a fixed voice service outside the compound you have to go through Telecom Egypt. Within the compound they (the winning bidders) will be providing the fixed voice service, he said.
The government is not charging an upfront payment for the two licenses, which it expects will attract $1 billion of investment over five years, but will take 8 percent of revenue.


Clic here to read the story from its source.