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Telecom Egypt also offers mobile services through its stake in Vodafone Egypt. [14] Overall, Telecom Egypt has a public monopoly over fixed landlines, provides 70% of internet service in Egypt, is the only provider of international phone service, [15] and provides connectivity to all mobile operators. [11]
In January 2007, Egypt's National Telecom Regulatory Agency (NTRA) awarded Vodafone Egypt a 15-year 3G licence. [3] On October 16, 2016, Vodafone Egypt was awarded the fourth-generation 4G mobile services license for a royalty fee of $335 million from the Egyptian National Telecom Regulatory Authority (NTRA). [4]
After the deal, Vodafone Egypt was 55% owned by the group, while the remaining 45% was owned by Telecom Egypt. [60] On 29 January 2020, Saudi Telecom Company (STC) and the Vodafone Group signed a Memorandum of Understanding for the sale of Vodafone's entire 55 percent stake in Vodafone Egypt to STC. With the sale, Vodafone would have exited the ...
The origins of telecommunications in Egypt traces back to 1854 when the British Eastern Telegraph Company constructed a telegraph line between Cairo and the Alexandria. [7] [8] Egypt's first telephone line was installed between Cairo and Alexandria in 1881, and later that year, the Egyptian government acquired the Eastern Telephone Company, establishing the Telephone and Telegraph Authority.
Comparison of mobile phone standards; Operators List of mobile network operators in Europe; List of mobile network operators in Asia and Oceania; List of mobile network operators in the Middle East and Africa; List of mobile network operators of the Americas; Country lists List of sovereign states by number of broadband Internet subscriptions
It was owned in a 50/50 partnership by the South African telecommunications giant Telkom and British multinational operator Vodafone. [4] On 6 November 2008, Vodafone announced that it had agreed to increase its stake to 64.5%, and Telkom said that it would spin off its remaining holding by listing it on the Johannesburg Stock Exchange (JSE).
Egypt's internet penetration rate grew from less than one percent in 2000, to 5% in 2004, 24% in 2009, [5] 54.6% in 2014, and 71.9% in 2022. [6] Egypt has continued to grow internet penetration by investing in the information and communications technology sector, spending E£9.8 billion in 2008 which grew to E£13.5 billion in 2011.
Vodafone Egypt This page was last edited on 20 March 2013, at 10:57 (UTC). Text is available under the Creative Commons Attribution-ShareAlike 4 ... Mobile view ...