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Article: Egypt expects to draw $1 billion for two 'triple-play' telecoms licences.
- Article from:
- The Daily Star (Beirut, Lebanon)
- Article date:
- October 1, 2009
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Summary:
Egypt will invite bids for two licenses for "triple-play" cable, telephone and internet services and expects to draw investment of $1 billion within five years, the communications minister said on Wednesday.AaThe addition of triple-play operators would increase competition in Egypt's telecom sector and could open the way to breaking state-owned Telecom Egypt's fixed-line monopoly in the most populous Arab country.
CAIRO: Egypt will invite bids for two licenses for "triple-play" cable, telephone and internet services and expects to draw investment of $1 billion within five years, the communications minister said on Wednesday.AaThe addition of triple-play ...