CAIRO Dec 26 Egypt will grant Telecom Egypt
a license by mid-2013 to provide mobile services and
will later let mobile companies offer fixed-lined services using
Telecom Egypt's infrastructure, the industry regulator said.
Landline monopoly Telecom Egypt, 80 percent owned by the
state, has been relying on its data business to boost revenue.
"Telecom Egypt will be granted the right to offer mobile
telephone services," Amr Badawy, the executive chairman of
Egypt's telecom regulator, said in a statement on Wednesday,
adding that the offer would be "executed by mid-2013".
"Mobile companies will also be given the right to get a
license to offer fixed-lined services using the infrastructure
of Telecom Egypt," he added without giving a timeframe.
Egypt has three mobile operators: Vodafone Egypt,
Mobinil, which is controlled by France Telecom
, and Dubai-based Etisalat.
Telecom Egypt Chief Executive Mohamed El-Nawawy told Reuters
last month that Telecom Egypt was in advanced talks with the
government on a deal that would allow it to offer mobile
services and added the company could look to set up its own
Telecom Egypt last month said third-quarter revenue had
risen 6 percent to 2.48 billion Egyptian pounds ($401.7
million), against a Reuters forecast for 2.38 billion. Its
EBITDA margin of 36.8 percent was below a Reuters forecast for
The chairman and chief executive of France Telecom, Stéphane
Richard, said last month Egypt's telecoms sector was crowded and
could not absorb another player, adding that he was seeking to
expand Mobinil services and hoped to get a 4G license soon.