Telecoms - In Brief

Telecoms

- Following the announcement earlier this month that Telecom Egypt (TE) would be required to pay EGP2.5 billion (USD360 million) for a unified telecoms licence allowing it to enter the wireless market, further details regarding the concession have emerged. Ahram Online has revealed that under the terms of the licence the fixed line incumbent will also be required to pay 6% of its mobile services revenues to the local telecoms regulator, the National Telecommunications Regulatory Authority (NTRA).

- LAP Green Network, the telecoms holding company owned by the Libyan African Portfolio (LAP), has reported 'subscriber growth across the board' for 1Q14, without breaking out specific customer metrics. As things stand, LAP Green has fully operational subsidiaries in Uganda (Uganda Telecom Ltd [UTL]), Cote d'Ivoire (GreenN Cote d'Ivoire) and Gemtel (South Sudan), while Ambitel is gearing up to launch in Sierra Leone.

- Gabon's Airtel has launched a HSPA+ network.