AMEDA unveils modernisation steps for African, ME depositories    US Military Official Discusses Gaza Aid Challenges: Why Airdrops Aren't Enough    US Embassy in Cairo announces Egyptian-American musical fusion tour    ExxonMobil's Nigerian asset sale nears approval    Chubb prepares $350M payout for state of Maryland over bridge collapse    Argentina's GDP to contract by 3.3% in '24, grow 2.7% in '25: OECD    Turkey's GDP growth to decelerate in next 2 years – OECD    $17.7bn drop in banking sector's net foreign assets deficit during March 2024: CBE    EU pledges €7.4bn to back Egypt's green economy initiatives    Egypt, France emphasize ceasefire in Gaza, two-state solution    Norway's Scatec explores 5 new renewable energy projects in Egypt    Microsoft plans to build data centre in Thailand    Japanese Ambassador presents Certificate of Appreciation to renowned Opera singer Reda El-Wakil    Health Minister, Johnson & Johnson explore collaborative opportunities at Qatar Goals 2024    WFP, EU collaborate to empower refugees, host communities in Egypt    Al-Sisi, Emir of Kuwait discuss bilateral ties, Gaza takes centre stage    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    AstraZeneca, Ministry of Health launch early detection and treatment campaign against liver cancer    AstraZeneca injects $50m in Egypt over four years    Egypt, AstraZeneca sign liver cancer MoU    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Climate change risks 70% of global workforce – ILO    Prime Minister Madbouly reviews cooperation with South Sudan    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    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.



Orange Egypt will sign 4G licence deal today
Published in Amwal Al Ghad on 13 - 10 - 2016

Mobile operator Orange Egypt will sign today a 4G licence deal with Egypt's telecoms regulator.
Egyptian Minister of Communications Yasser El-Kady will attend the signing ceremony between Orange Egypt and the National Telecom Regulatory Authority (NTRA), which will take place at 5:00 pm (3:00 pm GMT).
The three Egyptian mobile operator companies Vodafone, Orange, and Etisalat previously declined to submit applications to buy the fourth-generation (4G) service licences offered by the government in the due date set on Sept 22 by the NTRA.
The NTRA offered 2×5 MHz of 2100- MHz spectrum to Etisalat, 2×5 MHz of 2100- MHz spectrum and 2×2.5 MHz of 1800- MHz spectrum for both Vodafone and Orange but was rejected by the three operators.
As for Telecom Egypt, which recently acquired the licence, NTRA granted the fixed-line incumbent permission to use 2×5 MHz of 1800-MHz spectrum and 2×10 MHz of 700-MHz spectrum for the next 15 years for 7 billion Egyptian pounds.
An official in the NTRA said that BoD decided after a meeting held yesterday to collect 4G licence fees totally in US dollars.
Accordingly, final prices of the licence are expected to exceed what has been announced before due to unstable exchange rates of the dollar against the Egyptian pound.
In its BoD meeting, the NTRA decided to price the 4G licence in US dollars but fees will be collected half in dollars and half in Egyptian Pounds. As for fixed –line licence, fees will be collected upon the same terms. However, mobile operators will have to pay for the international portal licence fully in US dollars
Orange Egypt has requested to renew talks with the NTRA over 4G licence acquisition prior to the NTRA board meeting. Accordingly, the framework adopted by the board will be applied for the operator that requested completing the procedures of obtaining the licence.
The framework is valid until the next board meeting that will be held on October 23 when various alternatives, including the allocation of additional frequencies to Telecom Egypt as well as considering offering 4G licenses in an international bid will be discussed. However, the NTRA did not discuss the possibility of providing extra frequencies to mobile operators which was the main reason they shunned the 4G licence.


Clic here to read the story from its source.