Egypt Orange offered 4G licence for $400 million
Orange Egypt said that Egypt's telecommunications regulator has set the price of a licence to provide 4G mobile services at EGP 3.54 billion (EUR 342.6 million), half of which must be paid in dollars. It said in a statement on the Egyptian stock exchange that the regulator had set the cost of acquiring a fixed line licence at EGP 100 million and the cost of a licence to offer customers international calls at EGP 1.8 billion.