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LINKOne Acquires the Compound License to Provide Telecommunication Services

LINKOne company; a subsidiary of LINKdotNET, obtained a license "The Compound license" to establish and manage networks within closed compounds.
LINKdotNET | 02.08.2011

LINKOne company; a subsidiary of LINKdotNET, the leading internet service provider, obtained a license "The Compound license" to establish and manage networks within closed compounds. It is considered the second company to be granted this license, so that the company can provide broadband, content, and other services in closed urban communities among the compounds residents and accommodate all their different needs.

The National Telecommunications Regulatory Authority granted this license to LINKOne given its distinction in terms of technical and financial potentials. This license is expected to achieve overall growth in the Egyptian Internet Market.

Mr. Waseem Arsany; CEO of LINKdotNET stated: "It is a great honor for the company and all its employees that we obtained the Compound license, as this move gives the opportunity for the company to grow and be present significantly in all compounds." He added: "Our confidence in the Egyptian market prompted us to obtain this license, we strongly believe in the Egyptian economy and its ability to grow, which always encourages us to expand and invest."

Obtaining this license is in line with the company's plan to provide value-added services, promote the content and provide higher speeds of the Internet. The company is distinguished by its knowledge and potentials, which enables it to provide such services.

It is worth mentioning that in 2009, the National Telecommunications Regulatory Authority released the bid documents of the Compounds license, and many companies applied for the license. It has been recently granted to LINKOne, which is the best in terms of technical and financial potentials, under this license, we will establish and manage telecommunication networks and provide services within the closed urban communities compounds.