Egypt phone licence auction could be moved

By Andrew White on Monday, October 13, 2008 Egypt’s Minister of Communications and Information Technology has said that the auction of the country’s second fixed licence – postponed until September 2009 due to the global market woes – could take place as early as next summer. “It may be next summer – if the markets get back on track we would definitely consider [moving the auction],” Dr Tarek Kamel told Arabian Business by phone from Cairo. He added that the move to postpone the auction – while necessary – had hurt the growth of the Egyptian telecoms market. “Competition is always healthy and... [read full story]