Telecom Egypt Receives First 5G License in Egypt
The issuance of the 5G license comes with a substantial investment of $150 million and will be valid for 15 years.
By Inc.Arabia Staff
The National Telecommunications Regulatory Authority (NTRA) has awarded Telecom Egypt the first license to operate fifth-generation (5G) networks for mobile phones in the country.[1]
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The issuance of the 5G license comes with a substantial investment of $150 million and is set to be valid for 15 years. The license aligns with the broader objective of propelling digitalization in Egypt, with a direct impact on the advancement of various industries.
The move is expected to not only enhance the overall economy but also to elevate Egypt's standing in the international Information and Communication Technology (ICT) sector.
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