18 interested in third GSM licence

6 Mar 2006

Egypt’s National Telecommunication Regulatory Authority (NTRA) says 18 companies have paid USD25,000 for tender documents for the auction of the country’s third GSM licence. Etisalat of the UAE, MTC of Kuwait and South Africa’s MTN are all planning to bid and, despite previous comments that incumbent fixed line operator Telecom Egypt would not be allowed to participate, it has been reported that the telco has been given tacit authority to enter the tender. Interested parties have until 17 April to submit their proposals and pay a USD4.4 million bond guarantee. To qualify for the licence, foreign bidders must partner with an Egyptian entity.

Egypt, Telecom Egypt