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Mobinil plans to increase capital next year: CEO

In an interview with Daily News Egypt, Mobinil CEO Yves Gauthier discussed the latest developments regarding the company’s debt restructuring process. Gauthier also tackled the status of and challenges facing the telecom market in Egypt. How does Orange International evaluate the telecom market in Egypt? It’s a big market, the country has around 90 million …

Sara Aggour

Salem resigns from TE, despite calls for him to stay

Mohamed Salem, Chairman of Telecom Egypt (TE), has resigned, despite attempts to convince him to remain, according to Osama Yassin, Managing Director, CEO and board member of TE. Yassin added that he has yet to hold a meeting with the Board of Directors to discuss Salem’s resignation. Salem took over the Board of Directors’s chairmanship …

Daily News Egypt

Telecom Egypt back to square one

By Mohamed Alaa El-Din and Aisha Zedan Many years were wasted in negotiations between the Ministry of Communications and Information Technology and mobile companies on one hand, and the National Telecommunication Regulatory Authority (NTRA) along with the four phone operators on the other. The negotiations aimed at implementing the unified license, but things got complicated, …

Daily News Egypt

Internet companies link price reduction to TE solving infrastructure issues

Following Telecom Egypt’s (TE) decision to replace the copper Internet cables with high speed fibre optic cables, competing companies have been losing internet services, forcing customers to switch to TE Data, as it is the only company providing services in the meantime. “We cannot discuss enhancing prices and Internet speed service, while Internet providers lose …

Daily News Egypt