Egypt is considering allowing telecommunications companies to raise the prices of their services

Egypt is considering allowing telecommunications companies to raise the prices of their services after increasing fuel prices and liberalizing the exchange rate, causing an increase in operating costs on companies operating in the country, according to a government official who spoke to Al -Sharq. The statements of the officials come after the launch of mobile companies today, Wednesday, “levy cards” in new price categories for clients. In Egypt, 4 businesses for telecommunications services work in Egypt, which are the ‘Vodafone Egypt’ of the South African ‘Vodacum’ Companies Group, ‘Orange Egypt’ of the French ‘Orange’ group, ‘E and Egypt’ of the UAE group (Emirate Communications Group), and the ‘Egyptian Telecom’. ‘Telecom Egypt’ has a strike of 45% of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part of the part. Vodafone Egypt. The responsible operating costs that took place with the “East” said that there are ‘mobile companies from the country in the country that have submitted requests to the telecommunications regulator to increase the prices of some services such as minutes, packages and the Internet, in view of high operating costs on them to liberalize the exchange rate and raise fuel prices and interest rate. It is noteworthy that the interest rates in Egypt have risen to unprecedented levels after the Central Central Egypt raised interest rates by approximately 600 basis points, where the average interest rates on lending are 28.25%. Telecommunications in Egypt rely on diesel and diesel to operate their mobile towers, and the country has raised fuel prices twice this year, the last of which was in July last year, where the prices of all types of gasoline, diesel and industrial diesel were raised by rates between 10% and 15%. Competition rages in the cellphone market in Egypt, amid high service rates. The average price of a minute of communication in Egypt is the cheapest in the Middle East.