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9% decline in mobile phone users in April

In April, the number of mobile phone users went down by 9% compared to the same period last year, according to a report by the Ministry of Communications and Information Technology issued last week. The report said that the number of mobile phone subscriptions reached 96m in April 2015, while it was at 101.9m subscriptions …

Daily News Egypt

Mobile firm Viva Kuwait full-year profit jumps six-fold

Reuters – Viva Kuwait reported a more than six-fold rise in annual profit on Monday as the mobile telecommunications operator increased its customer base by a third. The Saudi Telecom Co (STC) affiliate made a net profit of KWD 24.25m ($86m) in 2013, up from KWD 3.87m a year earlier, according to its website. Viva, which competes with Zain and …

Daily News Egypt

Telecom Egypt agrees to pay EGP 2.5bn for mobile licence

Reuters – Fixed line monopoly operator Telecom Egypt’s board of directors agreed to pay EGP 2.5bn ($356.76m) for a mobile licence, the firm said in a statement on Monday. The telecommunications minister announced last month that Telecom Egypt was offered a mobile licence for EGP 2.5bn but that it would not include new frequencies, such …

Daily News Egypt