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Egypt: Government delays fixed-line license bidding deadline Print E-mail
Monday, 07 July 2008

Egypt's telecommunications regulator has postponed the bidding deadline for a second fixed-line license. The National Telecom Regulatory Authority (NTRA) cited global market turbulence and interconnection uncertainty as reasons for the delay.

The NTRA said the postponement to September 18 would give the regulator more time to "lay the foundations" for a fixed-mobile interconnection agreement. The deadline had already been moved from June 19 to July 29.

The sale of the license will end state-run Telecom Egypt's fixed-line monopoly.

In April, it was reported that Ericsson and two Arab operators had bought the conditions booklet. Other companies that expressed interest in the license include France Telecom, Orascom Telecom, Egypt's Alkan and Giza Systems, Etisalat, Atheeb, Alcatel-Lucent and Noor Financial of Kuwait.

Source: Reuters -  WDR/Intelecon Regulatory News.