Telecom Egypt secured a 5G licence from the country’s telecoms regulator for $150 million, putting it on course to launch services powered by the technology. The operator stated the National Telecommunications Regulatory Authority (NTRA) granted it a licence valid for 15 years to support the country’s digitalisation ambitions. Telecom Egypt stated 5G “will ultimately benefit the entire economy and improve Egypt’s international ranking in the ICT sector”. He said being the first operator to receive the licence solidifies its infrastructure and ability to provide mobile services. In May 2023, the state sold a 9.5 per cent stake in Telecom Egypt under a wider privatisation push.

Source: The North Africa Journal January 18, 2024 11:30 UTC