Arab Finance: Licenses for the fifth generation (5G) mobile communication networks in Egypt will be issued without new frequencies, two sources familiar with the matter told Asharq Business.

The 5G networks will operate at the frequency band of 2.6 Gigahertz (GHz) obtained previously by the mobile network operators in Egypt, one source said.

The second source pointed out that the total cost of all the 5G licenses that will be issued to the mobile operators could be over $500 million.

It was reported earlier that the Egyptian government is planning to issue licenses on the operation of the 5G in December.

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