Mobinil Considering Terms of unified licence to Ensure Services

The Egyptian Company for Mobile Services Mobinil (EMOB)-(CA), said it received a copy of the draft of the unified licence from National Telecommunication Regulatory Authority (NTRA), in order to ensure providing distinct services for its subscribers.

The telecom operator said it is currently studying thoroughly the relevant terms and conditions, in order to ensure distinguished service for subscribers and safeguard shareholder rights.

The company’s unaudited financial results for FY13 had shown that net loss widened 97.7% to EGP 457.653 million, compared with EGP 231.017 million net losses in FY12.

The Information and Communication Technology Ministry announced that Telecom Egypt (ETAL-CA) has prohibited providing mobile phone services without Frequencies in the framework of the unified licence against EGP2.5 billion.