Etisalat Misr outlines investment plans for 2019; eyes fixed line launch in less than two years

9 May 2019

Egyptian mobile network operator (MNO) Etisalat Misr has announced that it will invest more than EGP4.5 billion (USD261 million) in 2019, EGP3 billion of which will be spent on modernising its network infrastructure. With the spending plans outlined by the cellco’s CEO Hazem Metwally in an interview with Reuters, the executive also revealed that his company is aiming to begin offering a commercial fixed line service in less than two years, with the MNO having already reportedly activated hundreds of lines ‘experimentally’.

As noted in TeleGeography’s GlobalComms Database, in October 2016 Etisalat Misr acquired a licence allowing it to ‘provide a fixed service using the core infrastructure of licensees to set up and establish the infrastructure of telecom networks’; this concession, which is initially valid for 15 years – was taken up by the cellco in tandem with its acquisition of a 4G licences at an additional cost of USD11.3 million.

Egypt, Etisalat Misr