ETISALAT EGYPT TO BID FOR FIXED LINE LICENCE
Etisalat Egypt is to bid for Egypt's second fixed line network licence, according to a report by news agency MENA. The bid will be the first the company has made since it began its mobile operations in Egypt in May.
A source at Etisalat Egypt has confirmed the report, according to news agency Reuters. "This is not a surprise. Our ambitions in Egypt don't stop at being a mere mobile operator," the unnamed source told the news agency. Etisalat Egypt, also known as Etisalat Misr, could not be reached for immediate comment.
As previously reported by ITP.net, the Egyptian communications minister Dr Tarek Kamel recently announced Egypt would offer a licence for a second fixed services operator, ending the monopoly of incumbent operator Telecom Egypt.
The new entrant to the fixed line market is expected to be operational from early 2009, according to MENA. Etisalat Egypt, the Egyptian arm of the UAE telecoms services provider, competes on the mobile services market in Egypt with Mobinil and Vodafone. It claimed to have captured 400,000 subscribers at the end of its first month of operations.