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Articles tagged with: Egyptian Company For Mobile Services
Egypt Passes 50% Penetration Mark
The Egyptian market surged through the 50% penetration barrier in Q1 09, finishing the quarter with a rate of 52.7%. In real terms, the total customer base grew to 43.57m. Quarterly net additions stood at 3.01m, making Q1 09 the third successive quarter in which the gain has exceeded 3m. On an annual basis, there was an increase of just under 12.50m - the highest figure ever recorded in the Egyptian market. Proportionate annual growth stood at 40.2%, down from 52.9% for the prior twelve-month period. In fact, this was the second lowest growth rate of the past eight quarters, the lowest being the 39.0% recorded in Q4 08. This may seem to present a somewhat ambiguous prospect for future growth; however, the graph on the right suggests that the decline in proportionate growth may have bottomed out for the time being, and that actual growth should remain above 10m per year for some time to come. more
Related Tags: base, orascom, Egypt
France Telecom Makes Fresh Bid to Settle Egyptian Dispute
France Telecom is reported to have made a new offer to buy all the shares in the Egyptian Company for Mobile Services (ECMS) in a new move to resolve the ongoing row with Orascom Telecom over their joint holding in Egypt's MobiNil. more
Related Tags: mobinil, orascom-telecom, france-telecom, orascom, Egypt
Mobinil Reports Subscriber Base Up by 1.4 Million
The Egyptian Company for Mobile Services (Mobinil) has reported that it increased its subscriber base in the 3rd quarter by 1.392 million, a 38% increase over the previous year - to reach 18.911 million. more
Related Tags: arpu, france-telecom, orascom-telecom, orascom, cairo, Egypt
Egypt's Mobinil Does Not Expect a Profitable 3G Network
Egypt's Egyptian Company for Mobile Services (Mobinil) says that it does not expect to make a profit from its 3G network - and would not have brought the license had it not included an extension to the existing GSM license held by the firm. more
Related Tags: base-station, edge, 3g-license, france-telecom, orascom-telecom, radio-spectrum, gsm-license, base-stations, orascom, cairo, Egypt
Egypt Q2 2008 - Vodafone Sees Market Share Decline
At the end of Q2 08, the number of mobile connections in Egypt reached 33.86m, equivalent to a penetration rate of 41.5%, up from 28.5% a year earlier. The second-quarter performance was a definite improvement on Q1: Q2 saw 9.8% growth compared to 6.6% in Q1, while on an actual basis, the Q2 figure of 3.01m quarterly net additions was the second highest ever recorded behind the Q3 07 figure of 3.33m. Annual net additions stood at 10.99m, again the second highest figure on record. more
Related Tags: edge, etisalat, vodafone, mobinil, Egypt
Egyptian Network Launches 3G Coverage in Cairo
The Egyptian Company for Mobile Services (Mobinil) has launched its 3G network following several delays, which the company partially put at the door of the telecoms regulator. The company had expected to receive access to the radio spectrum on 17th January, but the radio frequencies were not released until March 27th. The company had hoped to launch its network in July, but again missed its deadline. more
Related Tags: base-station, motorola, cisco, rsa, huawei, capex, france-telecom, ericsson, edge, mobinil, orascom-telecom, cisco-systems, base-stations, siemens, alcatel-lucent, alcatel, orascom, cairo, Egypt
New Boss for Egyptian Operator
Egypt's GSM network operator, Mobinil has elected Mr. Iskander Naguib Shalaby as the new Chief Executive Officer of the Company. The Board says that it has reached this decision after the mutual agreement between the two major shareholders of Egyptian Company for Mobile Services (which trades as Mobinil); Orange and Orascom Telecom, on the nomination of Mr. Iskander Shalaby for this position. more
Related Tags: mobinil
Egyptian operator passes subscriber landmark
The Egyptian GSM network operator, MobiNil says that it has passed the four million subscriber number mark. Commenting on the achievement, the company also noted that it now has nearly 2,000 base staions in the country and 17 network switches. more
Related Tags: mobinil
Orange buys Egyptian network from France Telecom
Orange and its parent company have agreed to swap ownership of the Egyptian mobile phone network, MobiNil. France Telecom currently owns 71.25% of MobiNil, and Orange is paying US$320 million for the stake. This is in line with the intention expressed at the time of the IPO of Orange in February 2001. The addition of Egypt means Orange will have operations in 22 countries across Europe and beyond. more
Related Tags: mobinil, orascom-telecom, ipo