Egypt’s largest mobile operator Mobinil is yet to finalise an agreement with Telecom Egypt over the costs of the company’s wholesale services.
Mobinil is looking to bolster its services in the country and has repeatedly said the agreement would help spur greater customer services to its users in the country.
Mobinil CEO Hassan Kabbani says discussions were ongoing regarding prices for leasing network infrastructure and international gateway services, and that no initial agreement has been reached. He added that he expects the deal to be finalised with Egypt’s landline operator by the end of the year.
Moataz Radwan, a securities and IT analyst in Cairo told ITNewsAfrica that the agreement is likely to develop Mobinil’s ability to better develop and deliver services to its user base.
“Mobinil is the largest operator of mobile subscriptions in Egypt and when this deal is completed it will help continue to allow the company to provide much needed services to its growing base,” says Radwan.
Radwan added that since the protest movement ousted the former regime in February 2011, the company has been looking to boost its ability to serve its customers as Egyptians turn to the Internet and data as their top source of communication.
By: Desmond Shephard