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Telecom Egypt says considers acquiring additional 4G spectrum

Reuters - UK Focus

CAIRO, Sept 26 (Reuters) - Telecom Egypt, the state fixed-line monopoly, said on Monday it was considering acquiring additional spectrum, weeks after it bought a fourth-generation licence that will allow it to directly offer mobile phone services for the first time.

"Telecom Egypt has presented a request to the National Telecom Regulatory Authority to understand the terms and conditions related to any other spectrum on offer so it can be studied and evaluated," it said in a statement on the stock exchange website.

(Reporting by Ola Noureldin, Writing Lin Noueihed)