Egypt targeting 50% internet penetration by end-2016

17 Aug 2015

Egyptian communications minister Khaled Ali Negm has revealed that the country is looking to add some 500,000 new internet users by the end of this year, while aiming to increase its internet penetration rate from the current 34% to 50% by the end of 2016, Reuters reports. As such, the Ministry of Communications & Information Technology (MCIT) is hoping to see 1.5 million more customers sign up for a broadband service by the end of 2016, adding to the approximately 3.4 million people already connected, while entry-level access speeds are expected to be increased from 1Mbps to 2Mbps. With the MCIT having mandated a price reduction for internet services at the start of this month as part of plans to boost take-up, some 31,000 new internet subscribers are said to have come online since that date. Commenting on the company’s aspirations, Negm was cited as saying: ‘By the end of 2016, the internet in Egypt will look completely different.’