Telecom Egypt announced on its website on Saturday (19 September 2020) that it has submitted a financial and technical offer to the National Telecommunications Regulatory Authority (NTRA) to apply for additional mobile spectrum in the 2600MHz TDD band with ten-year usage rights. The operator stated that the move is aimed at improving service quality, modernising infrastructure and increasing its reliance on its own network by investing in additional spectrum. Telecom Egypt noted that it is awaiting the NTRA’s decision on the frequency application.
The previous day, Egyptian news site Youm7 reported that Vodafone Egypt and Telecom Egypt had both applied for new frequencies being offered by the NTRA. A regulatory official confirmed to Youm7 that Telecom and Vodafone were bidding on a total of 60MHz of 2600MHz TDD frequencies, while the country’s other two cellcos Orange and Etisalat had not applied. Results of the bids will be announced ‘as soon as they are approved’, the official added.
Earlier in the week, Daily News Egypt quoted an NTRA source stating that the regulator was offering new frequencies priced at USD150 million per 10MHz, aiming to sell one 40MHz block alongside a 20MHz allocation, with a competitive auction to be held in the event of multiple bids for a block. Reportedly, a further 20MHz block is earmarked for auction at a later date.