Additionally, revenues from international call traffic and international capacity sales surged by 61% and 90%, respectively, compared to the same period last year.
The seven-year loan will primarily be used to refinance existing short-term obligations in Egyptian pounds, helping the company align its liabilities more closely with its income.
The total value of 5G licenses awarded to mobile companies operating in Egypt—Vodafone Egypt, Orange, and e& Egypt —reached $675 million, explained Talaat, under the same conditions as the license signed with We earlier this year
Followed by the growth of revenues from incoming international calls and international capacity sales by 51% and 103%, respectively.
Umlaut, globally recognized for its benchmarking reports which are considered as a de-facto industry standard, covered all of Egypt’s 4 network providers – Telecom Egypt, Vodafone, Orange, and E& (a rebranded Etisalat Egypt) - and assessed the networks on factors such as speed, latency, and consumer experience