The National Telecommunications Regulatory Authority (NTRA) has granted the mobile network operator, Etisalat Misr, a triple-play telecom licence that allows the firm to provide mobile and landline services, high-speed broadband, and fiber-optic TV services.
NTRA's Acting Executive President, Mostafa Abdel Wahed, and CEO of Etisalat Misr, Hazem Metwally, has singed the license agreement.
'We are pleased to receive the licence to establish and operate triple-play services in compounds. We will also announce more products for customers in compounds in the near future, as Etisalat Misr's plan is to provide Value-Added Services (VAS) to enhance content and improve services quality,' Metwally said.
Egypt has started to offer triple-play telecom licences for the private sector since 2010. Teletech, a Vodafone-led consortium, and Link, an Orascom Telecom and Mobinil-led consortium, were the first to receive this licence in the country. The service is expected to attract $1bn of investments within the next five years.
According to the licence's terms, Telecom Egypt, which later became a mobile service provider, was responsible of establishing necessary infrastructure for the triple-play services in compounds. Etisalat Misr will be the first telecom company to provide this service independently.