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Egypt to put second fixed-line award on hold

  • Egypt: Tuesday, September 08 - 2009 at 16:08

Egypt has no plans to award a second fixed-line phone license in the near future, the state-run Middle East News Agency reported, citing Communications Minister Tarek Kamel. The government cited the telecommunications market dynamics and the 'convergence' between fixed and mobile phone services among reasons for its decision. The move leaves the monopoly position of state-owned Telecom Egypt, the Middle East's biggest fixed-line operator, intact.

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