Telecom Egypt sees customer base grow on new DLD rate

Telecom Egypt said that its new unified domestic long distance (DLD) tariff between Egyptian governorates has quadrupled the volume of calls and added 50,000 new subscribers to its base, Al-Ahram daily newspaper reported.

The landline monopoly had introduced a new intra-governorate tariff of EGP 0.03 per minute as a limited time promotion to last from July until the end of September in order to maintain its market share against fierce competition from the three mobile carriers. However, it has now been decided that this tariff will last indefinitely.

TE had 9 million customers at the end of June, a 4.3 percent drop from the previous year.