MobiNil awarded 3G concession

19 Oct 2007

Egypt’s National Telecommunications Regulatory Authority (NTRA) has awarded MobiNil a licence to offer 3G mobile services. The 15-year concession makes MobiNil the third 3G licensee in the country, following in the footsteps of Etisalat Misr and Vodafone Egypt. MobilNil will pay EGP3.34 billion (USD61.5 million) for the concession in addition to an annual 2.4% of its total annual 3G revenues. The licence allows MobiNil to deploy EDGE, UMTS, HSDPA and HSUPA technologies and to provide services that include visual communications, video-messaging, high-speed data transfer and internet, MMS services, mobile-TV.

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