Telecom Egypt added 22,100 new customers to its fixed-line services in August, the Daily News reported, citing a report by the Ministry of Communication and Information Technology. The number increased from 6.25 million customers in July to 6.27 million in August. However, this is down from 6.29 million in June, which means that TE has lost about 18,900 customers since then.
TE has amended the value of contracting on a new landline to EGP 60, in addition to tax and stamps, a three-month subscription paid in advance for EGP 45, as well as EGP 10 installation costs, EGP 5 administrative costs, and EGP 6.10 stamp costs, in addition to the VAT. The company attributed the increase in the subscription price to the increased operation costs, where prices have not increased for ten years.
The changes in the price of high-tension cables and investing in ground cable to improve quality have all added to the costs.
Source: https://www.telecompaper.com/news/telecom-egypt-adds-22000-fixed-line-customers-in-august--1217838