Egypt signs its first 5G operating deal – here’s what you need to know

Egypt signs its first 5G operating deal – here’s what you need to know

Egyptian Prime Minister Mostafa Madbouly announced the issuance of a license to operate 5G mobile services between the National Telecommunications Regulatory Authority (NTRA) and the Egyptian Telecommunications Company (ETC). The value of the license is set at US$150 million for a period of 15 years, without any additional renewals or privileges. The ETC’s signing of …

The post Egypt signs its first 5G operating deal – here’s what you need to know appeared first on Egypt Independent.Egyptian Prime Minister Mostafa Madbouly announced the issuance of a license to operate 5G mobile services between the National Telecommunications Regulatory Authority (NTRA) and the Egyptian Telecommunications Company (ETC).

The value of the license is set at US$150 million for a period of 15 years, without any additional renewals or privileges.

The ETC’s signing of the 5G license is part of the state’s efforts to provide modern technologies to businesses and individuals through companies operating in Egypt.

 

What is 5G?

The fifth generation of cellular wireless technology, 5G, “offers faster upload and download speeds, more consistent connectivity, and greater capacity compared to previous networks,” Amazon explains.

“It is much faster and more reliable than current 4G networks, and has the potential to change the way we use the internet to