Telecom Egypt Granted 15 Year 5G Service Licence Worth USD 150 Million

The Egyptian government has granted Telecom Egypt a 15-year license to operate 5G services, worth USD 150 million. Prime Minister Dr. Mostafa Madbouly presided over the signing ceremony, where the National Telecommunications Regulatory Authority and Telecom Egypt formalised the agreement. 

The licence grants Telecom Egypt the exclusive right to provide 5G services for the specified duration, without any renewals or additional privileges.