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Telecom Egypt at the core of the Golden Pyramid
01 April 1999
Telecoms in Egypt remained fairly stagnant until 1997, when the government took steps to liberalize the cellular sector and corporatize the incumbent operator, Telecom Egypt. A modernization programme is also under way, which involves the installation of millions of new telephone lines. Telecom Egypt's chairman, Abdel Fattah Abou Serie, talks about the goals behind this programme.
The Egyptian government initiated partial deregulation of the
telecoms sector in November 1997, announcing plans to open up
the mobile sector to competition. It also indicated that the
incumbent, Telecom Egypt, would be corporatized as a first step
before privatization. At the same time the government has
launched a modernization programme in the telecoms sector, with
a number of projects involving foreign manufacturers, geared at
improving teledensity and network quality. The government
realizes that, owing to its unique geographic location, Egypt
could be a regional hub for telecoms traffic for Africa and the
In an interview with Global Telecoms Business, the chairman of
Telecom Egypt, Abdel Fattah Abou Serie, talks about the
modernization programme, restructuring and the operator's role
as a potential regional hub.
Despite plans to transform Telecom Egypt into a profitable
joint stock company, so far there have been no staff
reductions, as Abou Serie explains: "A...
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