Egypt's broadband market worth LE310 bn by 2030

The Egyptian government estimates that the productivity gain to 2030 driven by an unconstrained mobile broadband market is worth around LE310 billion in net present value, according to a report issued by GSM Association (GSMA) on Saturday.

The GSMA report, dubbed "The Economic and Social Impact of Mobile Broadband in Egypt", said that "this growth in GDP would be able to support the creation of up to 1.2 million jobs across the economy by 2030."

"The potential benefits form mobile broadband market are very large," the report added

But, the report explained that "to fully realize the Egyptian government's potential benefits of broadband, one must focus its policies on ensuring that mobile broadband supply is not constrained."

However, these benefits will not be realized unless the government acts now to enable the mobile broadband industry to grow with demand, the report added.

Meanwhile, the Egyptian telecommunications industry has seen rapid growth over the past 10 years, driven by the uptake of mobiles.