Orange Egypt renegotiates 4G licence terms with government; Telecom regulator considers pricing 4G licence entirely in USD
Orange Egypt informally got in touch with the Minister of Communications and Information Technology, Yasser Al Kady to renegotiate the 4G licence payment terms, according to unnamed sources. The National Telecommunication Regulatory Authority (NTRA) is currently looking into altering the 4G licence payment terms to be paid entirely in USD. This implies a total cost of USD400mn for Orange Egypt, the sources added. (Al Mal)
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