Telecom Egypt denies sealing agreement for new frequencies

Updated 1/11/2023 12:07:00 PM
Telecom Egypt denies sealing agreement for new frequencies

Arab Finance: Telecom Egypt (ETEL) denies signing any agreements regarding new frequencies, according to a filing to the Egyptian Exchange (EGX) on Wednesday.

The company said that the matter was still under negotiations with the National Telecommunications Regulatory Authority (NTRA).

Telecom Egypt noted that it would announce any relevant agreement it NTRA once it is signed.

EETC is the strategic partner in Egypt’s sustainable development across several logistics services within the country and abroad, Minister of Electricity Mohamed Shaker said.

The signing comes within the framework of the strategic cooperation with the state’s vital sectors, confirming Egypt’s pivotal role in the development of the telecom and information technology sector.

Related News