Telecom Egypt agrees to pay unified licence fee

6 May 2014

Following the revelation last month that Telecom Egypt (TE) would be required to hand over EGP2.5 billion (USD360 million) for a unified telecoms licence allowing it to enter the wireless market under its own steam, its board of directors have now agreed to pay the fee. According to Reuters, the firm confirmed in a statement that it would move forward with the licence acquisition, stating: ‘The firm’s board of directors agreed in its emergency meeting on 4 May to obtain the mobile phone licence without frequencies in return for EGP2.5 billion’.

Egypt, Telecom Egypt,


Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate


Have feedback, corrections, or story ideas? Send them to

Browse Past Issues


Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.