International Operators Fight For Egypt Mobile Opportunity

With the deadline for bidding on Egypt's third mobile licence just around the corner, on 17 April 2006, several key international operators are lining up to fight it out for a foothold in Egypt's fast growing telecoms market. Indeed, BMI forecasts that Egypt's mobile market will grow by an average 35% y-o-y over the next five years so that by the end of 2010 there will be 35mn cellular subscribers, representing a penetration rate of 43%. At the end of 2005, Egypt had 12.6mn mobile users with the country's leading operator Mobinil boasting a 53% share of the market, ahead

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