Egypt’s telecoms industry regulator has approved the final terms for 4G mobile broadband network licences and will send the forms out to licensee companies on Sunday, a senior official at Egypt’s Telecommunications Ministry told Reuters.
“The telecom regulator approved the final terms of the 4G licences yesterday,” the official said, adding that companies would have until midday on Sept. 22 to accept them.
The official said that while the companies that obtain the licences will be granted additional frequencies there will be no change in the pricing or the condition that 50 percent of the payment must be made in U.S. dollars.
