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Vodafone Egypt and TE bought fresh spectrum for a total of $1.17 billion, as both operators push on to upgrade services by boosting their networks.
08.11.20 | Interesting article at Developing Telecoms

Vodafone Egypt and Telecom Egypt bought fresh spectrum for a total of $1.17 billion, as both operators push on to upgrade services by boosting their respective networks.


Egypt’s National Telecommunication Regulatory Authority (NTRA) detailed in a statement it approved 40MHz of 2.6GHz TDD spectrum for $540 million, for a license period of 10 years through to 2030.


Telecom Egypt bought 20MHz in the same band for $305 million and another 20MHz for $325 million, both also licensed until 2030.


Hussam El-Gamal, NTRA CEO said the watchdog expects the move to spur operators to make new investments into developing infrastructure, to in turn boost communication services and support Egypt’s digital transformation.