NTRA, Telecom Egypt sign $150 mln agreement for 15-year 5G license in Egypt

The long-term agreement does not include any auto-renewal clauses or any additional concessions, said a cabinet statement on Wednesday.

Offering 5G services in Egypt will help accelerate the country’s digital transformation efforts, as the technology plays a key role across various sectors, said Minister of Communications and Information Technology Amr Talaat.

The huge [download/upload] capacities offered by 5G [networks] support connectivity and enable control of a great number of devices at the same time, Talaat added.

The fifth generation of cellular network technology (5G) represents a significant leap forward in mobile communications. Characterized by exponentially faster data speeds, ultra-low latency, and increased network capacity, 5G promises to revolutionize numerous industries and applications.

Compared to its predecessor 4G, it offers up to 100 times faster download speeds, enabling near-instantaneous data transfer and seamless content streaming.

Egypt has made significant progress in recent years towards digitalization.