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Etisalat Wins Bid for Third Mobile License in Egypt - ASHARQ AL-AWSAT English Archive
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Abu Dhabi, Asharq Al-Awsat- The consortium led by Emirates Telecommunications Corporation- Etisalat- has won the bid for the third Egyptian mobile network license, with a bid of Egyptian Pounds 16.7 billion. The auction was supervised by Egypt’s National Telecommunications Regulatory Authority (NTRA) and Ministry of Telecommunications and Information Technology (MoICT). The consortium now holds the license to operate Egypt’s third mobile network, which will include both 2G and 3G services.

Mohammad Hassan Omran, Chairman, etisalat, said: “We were very confident that Egypt is a sound investment, and that the process of licensing and deciding will be in favor of the offer that will best serve the Egyptian customer.”

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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