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Vodafone Egypt, TE sign gateway contract PDF Print E-mail
Written by Egypt News   
Tuesday, 08 September 2009
Egyptian Communications Minister Tarik Kamel
Egyptian Communications Minister Tarik Kamel
The Egyptian Communications Ministry announced that Vodafone Egypt has signed a new three-year contract to use Telecom Egypt's international gateway for its overseas traffic

Egypt's Ministry added that Fixed line monopoly Telecom Egypt is expected to earn 4 billion Egyptian pounds ($723 million) from the agreement, which takes effect immediately.

TE has a similar agreement with Egyptian mobile operator Mobinil (EMOB.CA). The country's third mobile operator, Etisalat Egypt, bought its own gateway licence from the Egyptian government in 2007.

TE, which owns a 45 percent stake in Vodafone Egypt (VOD.L), had signed an earlier gateway agreement with Vodafone Egypt in 2006.

 

 

 

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