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Telecom Egypt is to sign an agreement Thursday to provide 2G and 3G mobile services through Etisalat Misr, a source from Telecom Egypt and a source from the Egyptian Ministry of Communications and Information Technology have told Reuters.
Telecom Egypt, the state’s fixed-line monopoly, was the first company to buy a 4G licence from the government in August for 7.08 billion Egyptian pounds ($392 million) to enter the mobile market directly.