The Bidding for Egypt’s 4th Generation telecommunication licenses has launched, with currently the state telecommunications company Telecom Egypt bidding for 7.08 billion EGP.
This license is essential to Telecom Egypt as it will lead them into Egypt’s mobile market a long awaited move at there end, bidders regionally from Kuwait, Saudi Arabia and Emirates have expressed interest in the Bid as well as other International Telecom Companies further await the official auction.