Companies / Egypt
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International Operators Fight For Egypt Mobile Opportunity
April 2006 | Project NewsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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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