NTRA to offer Egypt mobile companies new frequencies via auction

The new frequencies will be offered to Vodafone, Orange, Etisalat, and We in the form of an auction: source

  
A man wearing a protective face mask talks on his mobile and waits with others outside a branch of Vodafone Egypt Telecommunications Co, amid concerns over the coronavirus disease (COVID-19), in the Cairo suburb of Maadi, Egypt April 22, 2020.

A man wearing a protective face mask talks on his mobile and waits with others outside a branch of Vodafone Egypt Telecommunications Co, amid concerns over the coronavirus disease (COVID-19), in the Cairo suburb of Maadi, Egypt April 22, 2020.

REUTERS/Amr Abdallah Dalsh

An official telecommunications sector source said that the National TelecomRegulatory Authority (NTRA) will introduce new frequencies to Egypt’s four mobile operators.

The source added that the new frequencies will be offered to Vodafone, Orange, Etisalat, and We in the form of an auction.

This will occur over two packages, the first of which will see 40 MHz of frequencies offered for $600m, and another package of 20 MHz of frequencies offered for $300m. The source also said that the 10 MHz of frequencies were valued at $150m.

In 2016, Egypt’s mobile companies obtained a package of new frequencies in addition to obtaining the required licences to provide 4G services.

Orange obtained the 4G licence in addition to 10 MHz of frequencies for $495m, half of which was paid in Egyptian pounds. TE obtained the 4G licence in addition to 10 MHz of frequencies, for $546.7m, half of which was paid in local currency. Vodafone Egypt obtained the 4G licence and 5 MHz of frequencies for $346m, half of which were paid in US dollar.

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