The seven-year loan will primarily be used to refinance existing short-term obligations in Egyptian pounds, helping the company align its liabilities more closely with its income.
The total value of 5G licenses awarded to mobile companies operating in Egypt—Vodafone Egypt, Orange, and e& Egypt —reached $675 million, explained Talaat, under the same conditions as the license signed with We earlier this year
Umlaut, globally recognized for its benchmarking reports which are considered as a de-facto industry standard, covered all of Egypt’s 4 network providers – Telecom Egypt, Vodafone, Orange, and E& (a rebranded Etisalat Egypt) - and assessed the networks on factors such as speed, latency, and consumer experience
The introduction of 5G services aligns with Egypt's Vision 2030 objectives aimed at positioning Egypt as a regional ICT leader
Unlike traditional SIM cards that require physical swapping when changing networks or traveling abroad, eSIMs allow users to switch between mobile operators directly through their phone’s settings