Infinix negotiates with TE to provide 4G phones
Ahmed Wagih, head of business development at Infinix Egypt, said that the company is currently carrying out negotiations with Telecom Egypt (TE) in order to provide the latter with 4G smartphones. Wagih added in a statement to Daily News Egypt that the company has an agreement with Orange Egypt to sell its smartphones to the customers of Orange.
The company is currently negotiating with TE to launch smartphones that come with bundle offers, as TE began to offer 4G services. Wagih said that the company is also negotiating with the rest of the operators of mobile services.
TE has entered into an agreement for local roaming with Orange Egypt, stipulating that TE offers mobile services through Orange Egypt across the country. The duration of the agreement is three years.
TE has obtained a license to offer 4G mobile services and frequencies for EGP 7.08bn, with 50% of the amount being in US dollars, and the other 50% in Egyptian pounds. The company has already paid EGP 5.2bn of the amount, and will be paying the rest over four annual installments.
TE has revealed that it plans to offer mobile services with 4G technology starting in August.
The agreement allows TE to offer voice mobile services in the local market, making it the first integrated communications operator in Egypt. It offers fixed line services, data transfer services, and now mobile services, while the three other companies do not offer fixed line services until now.
Infinix plans to sell about 1.3 million devices in 2017 to increase its share in the Egyptian market despite the predictions of a total decline in market sales by 10 million devices in 2017, compared to only 14 million in 2015.