Telecoms News - In Brief

Telecoms

- Egypt’s Orascom Telecom Holding (OTH) has signed up its 50 millionth subscriber, adding 20 million new users across its subsidiaries in less then twelve months, the company said in a statement.

- The management team of the Liberia Telecommunication Corporation (LTC) has assured employees of the corporation that it has secured five months salary arrears to have employees of the corporation paid for the Christmas Holiday.

- Vodafone Egypt is in negotiations with the Egyptian government over the possible purchase of a 3G operating licence, Chief Executive Ian Gray told investors and analysts at a meeting this week. Gray said that whilst buying a UMTS licence would be more expensive than first thought, it would give Vodafone’s business a significant boost in the country. ‘There are already more than 600,000 3G [capable] phones being used by customers on our network and a lot of these are high value customers,’ he said. ‘The argument against doing 3G in Egypt is quite straightforward – it's a lot of money, but we need more capacity if we are going to grow the business.’