Egypt grants new telco licences
Two consortia led by LinkDotNet and Vodafone can now provide cable, telephone and internet services
Egypt's National Telecommunications Regulatory Authority (NTRA) have approved two consortia to provide cable, internet and telephone services to residential areas in Cairo suburbs and elsewhere.
Amr Badawi, head of the NTRA, told Reuters that one consortium that won the licence was led by LinkDotNet and included affiliates of Orascom Telecom, while the other includes Vodafone, one of Egypt's three mobile operators.
Deadlines for the consortia to formally put in their bids was pushed back from January 12th to March 15th by the NTRA this year, based on the request of some companies vying for the licences.
Analysts have been quick to point out that the licences are limited in the geographical scope and range of services involved, leaving Telecom Egypt's monopoly still quite secure.