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Egypt Completes Long-Delayed 4G Mobile License Deals


Ron Burgundy
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The building of Vodafone Egypt Telecommunications Co is seen at the Smart Village in the outskirts of CairoBy Ola Noureldin CAIRO (Reuters) - Vodafone Egypt and Etisalat Misr signed licensing agreements on Sunday for the operation of 4G mobile broadband networks in Egypt in deals that will allow the country to introduce long-delayed high speed telecoms services. Egypt is selling four 4G licenses as part of a long-awaited plan to reform the telecoms sector and raise much-needed dollars for depleted government coffers. Its three existing mobile network operators - Orange, Vodafone and Etisalat - had initially all turned down the 4G licenses saying the amount of radio spectrum on offer was inadequate.




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