Egypt to accept new MNVO license applications
Egypt’s National Telecommunications Regulatory Authority Board of Directors has given initial approval for a new Mobile Virtual Network Operator’s license.
The new MVNO license paves the way for a fourth player to enter Egypt’s telecoms arena.
Chaired by minister of Communications and Information Technology, Dr. Mohamed Salem, the Board of Directors agreed at its latest meeting to approve the new MVNO license as a “Class License”.
A financial, technical and legal committee is to be formulated for setting terms and conditions for providing this service. The committee shall finalise bidding requirements and specifications not later than three months from the date of NTRA Board of Director’s decision