Egypt secures US$3.5bn spectrum deal to fuel next phase of digital growth

The Egyptian government has struck a US$3.5 billion agreement with the country’s four mobile operators to double their existing spectrum holdings, in a move designed to underpin future digital transformation and next-generation services.

Communications Minister Amr Talaat said the deal will double operator spectrum “in a single transaction,” positioning the market for the rollout of future technologies. The government added that the newly awarded frequencies match the total amount of spectrum allocated to operators in Egypt over the past 30 years.

State-controlled Telecom Egypt, alongside Vodafone Egypt, Orange Egypt and E& Egypt, will collectively pay the agreed sum for 410 MHz of spectrum.

Highlighting the scale and strategic importance of the deal, Prime Minister Mostafa Madbouli attended the signing ceremony.