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'SAMENA Daily' - News

Egypt’s mobile phone market rebounds with significant growth in June 2024

Egypt’s mobile phone market saw a strong recovery in June 2024 after a temporary dip in May, caused by delays in implementing a new numbering plan. Official data released on Thursday revealed that mobile subscriptions in the country increased by 581,000, bringing the total to 58.834 million subscribers by the end of June. This marks a notable comeback for the sector following the challenges associated with the new numbering system.

The latest data underscores a steady upward trend in mobile adoption across Egypt, showcasing the country’s rapid digital transformation. Compared to the same period last year, Egypt’s top three mobile operators collectively had 43.5 million subscribers, highlighting significant year-on-year growth in mobile usage.

This surge in subscriptions not only emphasizes the growing reliance on mobile services but also indicates a positive outlook for further technological integration into the Egyptian economy. As mobile connectivity continues to expand, it is expected to play a vital role in advancing the nation’s broader digital strategy.



Source: https://meatechwatch.com/2024/09/03/egypts-mobile-phone-market-rebounds-with-significant-growth-in-june-2024/

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