Telecom Egypt to Test 5G Within Three Months
Jan 24, 2024 ·
1m 27s
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Description
Egypt’s government-owned telecom has announced that citizens can expect 5G this year. Telecom Egypt has begun testing 5G services in five locations across the country, aiming for a full rollout...
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Egypt’s government-owned telecom has announced that citizens can expect 5G this year.
Telecom Egypt has begun testing 5G services in five locations across the country, aiming for a full rollout later in 2024.
The company says the tests will span three months, followed by a nationwide rollout.
CEO Mohamed Nasr expects the financial impact to be evident by the end of 2024. Already the telecom saw a 48% net profit in 2023, and more subscribers means even better margins, especially with the $150 million hole in its pockets.
show less
Telecom Egypt has begun testing 5G services in five locations across the country, aiming for a full rollout later in 2024.
The company says the tests will span three months, followed by a nationwide rollout.
CEO Mohamed Nasr expects the financial impact to be evident by the end of 2024. Already the telecom saw a 48% net profit in 2023, and more subscribers means even better margins, especially with the $150 million hole in its pockets.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
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