E-Finance, a state-owned company that provides electronic payment services,will participate in bids to supply 4G supporting SIM cards in favour of Orange Egypt and Telecom Egypt, a Source with knowledge in E-Finance said.
The old 3G SIM cards will (...)
Mobile operators Orange Egypt and Etisalat Misr are in talks with their parent companies to finance the 4G licence, and may resort to secure loans domestically, sources with knowledge told Amwal Al Ghad.
Orange Egypt and Etisalat Misr may resort to (...)
Vodafone Egypt is to allocate 2 billion Egyptian pounds ($225.1 million) from an old credit facility to finance 4G purchase plans, banking sources with knowledge told Amwal Al Ghad.
Around two years ago, Vodafone Egypt signed a credit facility worth (...)
Vodafone Egypt will be signing today credit facility contract worth EGP4 billion with 7 Egyptian banks.
The company is aiming to exploit the loan as credit facilities to cover its needs in developing mobile phone network and improving services, it (...)
CEO of Vodafone Egypt S.A.E Hatem Dowidar said the volume of the company's annual revenues are worth around EGP13 billion.
Vodafone's financial statements revealed that the size of the debt owed to Vodafone ups zero, stressing that it signed a (...)
Arab Satellite Communications Satellite Communications Organization (Arabsat) is planning to launch the second satellite of the sixth generation satellite within 2015 with total cost reached $300 million.
Tarek Balkhyour, President and CEO of (...)
Ashraf Halim, Vice President Commercial of the Egyptian Company for Mobile Services(Mobinil)-(EMOB.CA) revealed that the three mobile phone operators haven't notified the decision of referring the 3 operators to the persecutions, noting that the 3 (...)
The appropriate time is mostly the major factor for the succeeding of any service, it seems that Money transfer via mobile phone service is the victim of activation in the current time ,due to the unrest political situation which we are facing, (...)
The National Telecommunication Regulatory Authority (NTRA) is currently discussing the recommendations of Shura Council to cut its budget of the fiscal year of 2013-2014, within the Council's recommendations to reduce the expenses of the economic (...)
Vodafone Ventures investment fund of Vodafone Egypt is planning to announce fresh investments within the current month to make the total number of the companies which the fund invested in them 8-7 companies.
Eng. Hatem Dowidar, CEO of Vodafone (...)
Vodafone Egypt has launched today mobile phone cash transfer application in cooperation with Housing and Development (BDH) Bank after obtaining the approval of the National Telecommunication Regulatory Authority (NTRA) allowing individual account (...)
The Social Fund for Development (SFD) has financed about 4590 projects totally or partly based on modern technological inputs with EGP 85 million since it was established, said Ghada Wali, secretary general of SFD.
On the sidelines of Youth (...)