November 10, 2020

Vodafone Egypt to maximize usage of new frequencies within 2 years


ArabFinance: Vodafone Egypt is expected to maximize the usage of the recently obtained frequencies within 18 to 24 months, Al Mal News quoted CEO Mohamed Abdullah on November 8th.

The CEO noted that Vodafone’s coverage of the 4G network services reaches 98%.

He elaborated that 65% of mobile data transmission is executed through 4G.

Vodafone snapped up two 20-megahertz bands for $540 million (EGP 8.43 billion) in an October auction by the National Telecommunications Regulatory Authority.

Vodafone will not target a loan to fund the purchase of the new frequencies, Hapi Journal cited the CEO.

arabfinance


Categories : telecom

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