Etisalat Misr to invest an extra EGP1bn in network upgrade
Etisalat Misr is investing EGP3.5bn in network infrastructure upgrades this year, cEGP1bn more than originally forecast, to keep pace with demand for mobile data services, according to its Chief Corporate Affairs Officer, Khaled Hegazy. The decision was driven by an uptick in the number of mobile internet users, especially after Telecom Egypt’s (TE) [ETEL.CA] WE broke into the mobile market late last year, Hegazy explained, adding that upgrades are necessary to sustain the growing number of subscribers.
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