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Vodafone negotiating world cup deals

Vodafone Egypt negotiates with Russian operators for offers to Egyptians at World Cup. They expect 10% increase in investments over next 3 years.
04.12.17 | Source: Daily News Egypt

odafone Egypt has launched negotiations with mobile operators in Russia to provide special offers to its customers during their attendance of the World Cup in the summer of 2018.

The company expects a 10% increase in its investments over the next three years, as well as an increase in profits after offering 4G services. The company has requested more frequencies to widen its network in 2018-2019.

According to Ayman Essam, head of government relations at Vodafone Egypt, the company is currently coordinating with the National Telecommunications Regulatory Authority (NTRA) to provide its services in the New Administrative Capital, and a number of new roads, notably Al-Galala and Dabaa.
How much investment has Vodafone Egypt injected and how much are the targetted investments in the coming period?

The company has injected EGP 9.5bn investments since 2015 until the end of the fiscal year 2017-2018.
The company aims to increase its investments by 10% over the next three years, as part of its plan to develop infrastructure, networks, towers, and outsourcing services.

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