Vodafone Egypt ready for mobile money

Vodafone Egypt ready to launch mobile money (image source: file photo)

Egypt’s Vodafone, has been granted a license to offer mobile money services to its subscribers.

The telecom operator is currently waiting for the Egyptian military rulers to approve the business deal.

Egypt is planning to strengthen the country’s mobile sector, following a government protest earlier this year.

“We are ready to press the botton when we get clearance on the security situation from the National Telecom Regulatory Authority,” says Hatem Dowidar, Vodafone Egypt CEO.

“I expect the situation to get better within two months.”

By: Desmond Shephard – ICT Senior Journalist