Third mobile licence tender to launch April

15 Feb 2006

Egypt’s Ministry of Communications (MoC) has confirmed that it will launch a tender for the country’s third mobile licence on 17 April. Bidders must pay a guarantee of USD4.4 million before submitting their application. Etisalat of the UAE has already confirmed that it intends to bid and it is expected to face competition from Kuwait’s MTC and South Africa’s MTN. The MoC has said that international companies submitting bids with local partners and firms willing to trade a portion of their shares on the local stock exchanges will be favoured in the tender. Vodafone Egypt and Orange subsidiary MobilNil currently have a duopoly in the country’s wireless market, sharing around 13 million subscribers between them.