Vodafone Egypt, TE discuss national roaming deal
CEO Stefano says discussions are underway with Telecom Egypt, which owns a 45% stake in Vodafone
Vodafone Egypt has opened negotiations with Telecom Egypt (TE) over the possibility of a national roaming deal, according to reports in the country.
Vodafone Egypt CEO Stefano Gastaut said the operator is in discussion about an exchange of service that could see the two firms use each other’s networks in geographic areas with little or no coverage, according to Daily News Egypt.
TE owns a 45% stake in Vodafone Egypt, and has faced calls from the government to sell off its stake in order to acquire a 4G licence in the country.
Gastaut said TE’s share in Vodafone was in its own hands, despite the fact that last month both firms, along with Orange and Etisalat, agreed to acquire 4G spectrum licences.
Even though Vodafone has bought a licence, it is still facing uncertainty over whether to purchase an international gateway (IGW) licence, with just three months to decide before a government deadline passes.
The Vodafone Egypt CEO said I had invested around $2 billion in the market before agreeing to buy the 4G spectrum, which was on the 5MHz spectrum.