An official revealed the details of the Telecommunications Regulatory Authority offering new frequencies to mobile companies through the bidding system, after receiving many previous requests from mobile operators, to obtain frequencies to improve the quality of voice and Internet services to customers, especially after the increase in consumption due to the Corona virus, in return the state is seeking to sell The frequencies are at the highest price, so I put it up by bidding system for all operators, with payment in US dollars.
The source told Al-Youm Al-Sabea that the Telecommunications Regulatory Authority held a bid at the end of last week to offer 60 MHz new frequencies to mobile companies in the 2600 MHz band. Vodafone and Egyptian Telecom We made technical and financial offers to obtain the new frequencies, while they did not submit. Orange and Etisalat Bidding Company, adding that the Telecommunications Regulatory Authority will announce its position on the auction next Monday, after Telecom Egypt and Vodafone made bids that did not exceed much more than specified in the quotation letter issued by the device.
The source indicated that the Telecommunications Regulatory Authority – before conducting the frequency auction – addressed the mobile companies last July, to find out their need for frequencies, Vodafone Egypt responded by requesting its need for 40 MHz, while the rest of the companies demanded its need for only 20 megabytes, adding in light of The companies’ need for frequencies, the device decided to introduce new frequencies, and sent a letter to the operators last August, which included the price of the frequencies, and set it at $ 150 million for every 10 MHz, and set the payment system in US dollars, provided that 50% of the division of frequencies be paid, and in installments. The remaining amount in two installments equally, and their payment within 3 years, in Egyptian pounds calculated on the dollar price at the time of payment.
In response to the objection of one of the companies that did not bid on the pretext that there is not enough time, the source commented, saying: “The Telecommunications Regulatory Authority surveyed the companies’ opinion before conducting the auction, and determined the frequency prices and how to put them up a month and a half before the date, meaning that all companies had knowledge of all the details. Long enough to settle it. “
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