Egypt projected to have 680,000 Internet subscribers by 2006

A report released by market analyst Arab Advisors Group (AAG) shows that Egypt’s "free Internet model" will raise its Internet subscriber base to 680,000 accounts by 2006 from 120,000 in 2001.

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By  Vijaya George Published  June 5, 2002

A report released by market analyst Arab Advisors Group (AAG) shows that Egypt’s Internet subscriber base is projected to go up to 680,000 by 2006 from 120,000 in 2001. The steady increase has been attributed to Egypt’s “free Internet model”, where the Ministry of Telecommunication and Information Technology (MCIT) has liberalised the market to create competition. Egypt currenly has more than 13 Internet and Datacomm providers and over 65 small and virtual ISPs.

“We project Egypt to have 680,000 Internet accounts in 2006, a penetration rate of 0.93%, up from 0.18% in 2001. Our definition of “Internet Accounts” includes regular users of the free Internet model,” stated Shahin Shahin, Arab Advisors Group analyst. “In 2006, Internet users are projected to exceed 2.6 million in Egypt, up from an estimated 540,000 in 2001. While the subscribers and users will grow, we see strong signs of an impending consolidation and shakeout phase in the country that will reduce the number of infrastructure-based “real” ISPs to 9 by 2006. Privately branded virtual ISPs, promoted by major brand names in Egypt in association with the big ISPs, are expected to increase to 145 by 2006,” he added. Internet access revenues in Egypt will reach US$ 81.5 million in 2006 up from US$ 19.1 million in 2001.

The report includes 5-year historical figures on 40-plus indicators of the communications market as well as 5-year projections.

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