NTRA said it would study, at its upcoming meeting in early October, the different alternatives to offer the 4G license.
NTRA has set the prices for the 4G frequencies at EGP 3.5bn for both Vodafone and Orange, EGP 4.5bn for Etisalat Misr, and EGP 5.5bn for Telecom Egypt (TE). The authority decided that 50% of the value should be paid in US dollars. There is an additional cost to be paid for offering the 4G services, which will be paid independently from the license’s value.
The mobile companies have requested to extend the deadline and to pay the licence value in instalments, given that 50% needs to be paid in US dollars. However, the Minister of Communications and Information Technology rejected both requests, according to an official in the NTRA.
