Telecom Egypt and Etisalat Misr announced the signing of an amendment of the national roaming agreement sealed in June 2017. The amendment provides better financial and service quality terms availing improved commercial conditions for Telecom Egypt. The latter is a result of the development of the volume of Telecom Egypt’s data traffic. The new agreement involves national roaming services on Etisalat’s network for Telecom Egypt voice and data traffic. The agreement ends in December 2022.
The two companies also signed a letter of intent (LoI) for mobile termination rates, which included a preferential termination rate for Telecom Egypt. The LoI aims to put a framework for the interconnection rate between both operators and is considered the first arrangement on mobile interconnection for Telecom Egypt.
Ahmed El Beheiry, Managing Director and Chief Executive Officer, commented: “The signing of these agreements with Etisalat Misr is a crucial and beneficial step for Telecom Egypt as it enhances the company’s profit margins as well as the quality of service provided to its mobile customers. The agreements are also a testament of the strong partnership developed with Etisalat Misr across several services including international voice services, national roaming, site sharing as well as the anticipated partnerships in access services. It is important to note that the signing of these agreements is a step in the company’s strategic plan, which aims to improve the margin of mobile services through reducing the relative cost of national roaming and interconnection concurrently with the continuation of the roll-out of Telecom Egypt’s own 4G network."
Hazem Metwally, Chief Executive Officer of Etisalat Misr, commented: “We are pleased with the signing of the national roaming and mobile termination agreements with Telecom Egypt. Such agreements are mutually beneficial for both companies as well as their customers. Etisalat Misr has the best coverage and the most advanced technology in the Egyptian market, which enables it to provide the best quality service to its customers.”