Al Seeb Developers’ Royal Regency Suites to be ready by March 2027
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Vodafone Egypt, majority owned by British mobile operator Vodafone, will finance the plan from existing funds, Ahmed Essam told a news conference in Cairo late on Sunday.
Vodafone Egypt, which is also 45 per cent owned by fixed-line telecoms firm Telecom Egypt, is the leading communications player by customer numbers in the country of 86 million.
Egypt is finalising the details of a long-awaited unified licence which will allow firms to offer both mobile and landline telecommunications.
To gain access to Telecom Egypt’s fixed line network is expected to cost E£100 million.
Vodafone Egypt is still studying the possibility of offering landline services and has not reached a decision, Essam said.
Al Seeb Developers’ Royal Regency Suites to be ready by March 2027
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