Telecom Egypt Denies Increasing of Infrastructure Rental Prices

By Salma Ayman On May 20, 2014

Telecom Egypt (ETAL-CA)(TE) denied the increase of mobile phone operators infrastructure’s rental prices.

The decision of inching messaging services is mainly due to NTRA, Eng. Mohamed Al-Nawawi, TE’s CEO asserted.

Mobile operators spent around EGP1billion annually on renting infrastructure, noting that the revenues of telecommunication market estimated at EGP32billion annually, Nawawi added.