By: Ahmad Awad
Kuwait – Mubasher: A delegation from Zain Kuwait will arrive in Egypt in the coming few days to follow up on the current negotiations with the Egyptian government over the 4G license, Zain deputy chairman Badr Al Kharafi told Mubasher.
Zain is awaiting the results of the negotiations to determine the finance plan for purchasing the 4G license, Al Kharafi added.
The Egyptian National Telecommunications Regulatory Authority (NTRA) has set the value of 4G license at EGP 3.54 billion ($397 million), of which 50% will be collected in US dollars.
Translated by: Ingy ElSafy
