(Details from Telcom press conference)
CAIRO May 25 Telecom Egypt will sign
a five-year agreement to provide 2G and 3G mobile services
through Etisalat Misr and will start providing mobile services
in the local market in September, Telecom Egypt said in a news
conference on Thursday.
"We have signed a binding memorandum of understanding for
local roaming with Etisalat Misr and the final signing will take
place in 15 days," Ahmed El Beheiry, Telecom Egypt's chief
executive officer said.
El Beheiry said Etisalat Misr offered a better price for the
service than Orange Egypt OREG.CA.
Telecom Egypt, the state's fixed-line monopoly, was the
first company to buy a 4G licence from the government in August
for 7.08 billion Egyptian pounds ($392 million) to enter the
mobile market directly.
(Reporting by Ehab Farouk and Moataz Mohamed; writing by Asma
Alsharif and Amina Ismail. Editing by Jane Merriman and Susan