The Egyptian government is planning to issue 5G licences in December, Al Sharq Business News reports, citing sources familiar with the matter.
As per the article, the 5G concessions are likely to be priced at USD500 million each.
The National Telecommunications Regulatory Authority (NTRA) may consider delaying the licensing process to early-2024 if any of the participants need more time to secure the required financing, the report adds.