Telecom Egypt’s CEO Says EGP2bln Volume of Internet Market

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The volume of internet market reached up around EGP2billion annual revenues, Eng.Mohamed Al-Nawawi,CEO of Telecom Egypt (ETAL-CA)(TE)revealed.

The growth rate of fixed internet up 20% annually in compared to 50% growth rate for mobile phone internet annually, Al-Nawawi explained.

TE represented in TE Data for internet services which captures approximately 64% from internet market.