Vodafone Egypt acquires 40 MHz of 2.6 GHz TDD spectrum

Vodafone Egypt has acquired 40 MHz of 2.6 GHz TDD spectrum from the National Telecommunications Regulatory Authority (NTRA).
Vodafone Egypt telecom network
The spectrum will enable Vodafone Egypt to significantly expand mobile network capacity  to meet demand for voice and data services.

The spectrum acquired has a ten-year license term through to 2030.

Vodafone Egypt said payments will be phased over three years, with an initial payment of $270 million (€230 million) upon receipt of the spectrum and two further payments of $135 million (€115 million) due in 2021 and 2022 respectively.

Latest

More like this
Related

Power supply now the decisive battleground for mobile network resilience

The April 28 Iberian grid collapse exposed a sobering...

Telco Capex trends show strategic realignments amid investment slowdown

The global telecommunications sector witnessed a notable decline in...

Vodacom appoints Mohamed Abdallah as CEO of International Markets and Vodafone Egypt

Vodacom Group has announced the appointment of Mohamed Abdallah...

India’s telco Capex squeeze threatens innovation goals

India’s telecom industry closed 2024 with $14.0 billion in...