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Egypt: Competition authority ensures to better telecom market, made crucial since 2011 political riots

 |  January 17, 2013

Among the recent, intense political turmoil that Egypt has faced in recent years, reports are turning towards the growing strength of the nation’s telecommunications sector, which played a vital role in communicating with the world the ongoings of the 2011 anti-Mubarak riots even as the government attempted to shut down the internet. Years later, the Egyptian Copetition Authority has taken a new role to ensure that communication continues. Since 2008, established telecom firms in the nation have reported a 23.1 percent growth rate and, at the end of 2011, had 83.8 million mobile service subscribers. Additionally, Egypt’s broadband Internet sector is expected to exceed revenues of $11 billion by 2018. To ensure this growth, the Egyptian Competition Authority has agreed to investigate claims of poor service, opening a probe late last year into alleged collusion between telecom providers who were raising prices of prepade mobile credit cards.


Full Content: It News Africa

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