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Egypt: Mobinil Eyes International License

Report has it that Egypt’s leading mobile company, Mobinil is looking to cut its international telecom gateway.
Mobinil | 30.11.2011

This article was published on June 6th 2011

Report has it that Egypt’s leading mobile company, Mobinil is looking to cut its international telecom gateway.

Mobinil, which deals with the restructuring of its parent company Orascom Telecom, offers a gateway that provides competitive services on an international level. The mobile company believes that by reducing the prices it would be able to increase development and infrastructure in the mobile industry.

Egyptian local newspaper reported that the company has asked the National Telecommunications Regulatory Authority to cut those costs.

CEO Hassan Kabbani was reported to have asked the NTRA for a license similar to Etisalat Egypt but said Mobinil hat not received any answer yet.

Analysts on Monday said that the move could help boost competition in both the local market and enable Egyptian companies, such as Mobinil, to push forward on expansion plans.