telecommunications

Housing minister unveils first phase of national development plan
Business

Housing minister unveils first phase of national development plan

Housing and Urban Development Minister Tareq Wafiq announced Wednesday that officials had completed the first phase of a national strategic…
Ministry: 1 bn text messages sent during Eid, costing US$66.5 mn
Egypt

Ministry: 1 bn text messages sent during Eid, costing US$66.5 mn

Telecommunications officials estimated the number of Eid greetings messages for Eid al-Adha this year at about 1 billion, with a…
Customers complain mobile phone operators are secretly charging more
Egypt

Customers complain mobile phone operators are secretly charging more

The Consumer Protection Agency filed a complaint to the Egyptian Competition Authority (ECA) against the country’s three major cell phone operators…
France Telecom buys service contract from Egyptian partner
Business

France Telecom buys service contract from Egyptian partner

France Telecom will pay Egyptian partner Orascom Telecom Media and Technology (OTMT) 110 million euros (US$142.30 million) for taking over…
Is the government trying to tap into the lucrative mobile phone industry?
Business

Is the government trying to tap into the lucrative mobile phone industry?

With a mobile phone in the hands of nearly every Egyptian and three large companies vying to provide customers with…
Mobinil executive: State attempting to monopolize market
Business

Mobinil executive: State attempting to monopolize market

The deputy chairman of Egyptian mobile service provider Mobinil, Ashraf Halim, has criticized the Egyptian government for plans to directly…
90 million cell phone subscriptions in Egypt, ministry says
Egypt

90 million cell phone subscriptions in Egypt, ministry says

There are currently over 90 million cell phone subscribers in Egypt, while only 8.6 million people use landlines, according to…
Egypt’s Elsewedy Electric to invest US$350 million in Niger
Business

Egypt’s Elsewedy Electric to invest US$350 million in Niger

NIAMEY — Egypt's Elsewedy Electric, the Arab world's biggest listed cable maker, plans to enter Niger by investing about US$350…
France Telecom acquires 94% of Egypt’s Mobinil
Business

France Telecom acquires 94% of Egypt’s Mobinil

France Telecom acquired 94 percent of Egyptian mobile phone company Mobinil in a tender offer, Egypt's stock exchange said on…
Orascom Telecom Q1 net profit seen at US$45 mn
Business

Orascom Telecom Q1 net profit seen at US$45 mn

Orascom Telecom (OT) is expected to post a first-quarter net profit of US$45 million on Monday, following a net loss…
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