One million cell-phones within five years
Egypt, Business, 5/5/1998
The agreement to establish the second cellular telephone network in Egypt was signed yesterday. The network will be established by Egyptian, American and British companies in cooperation with one another.
After signing the agreement, Soleiman Metwali, the Egyptian minister of transportation, said that these companies cooperated together and established a company named Egyptphone and that Egyptphone will pay LE1.755 to the government in return for the authorization to establish the cellular network.
Metwali said that Egyptphone will establish one million phone lines in Egypt within five years, servicing all of Egypt.
40 percent of Egyptian medicine companies for sale
US delegation in Cairo
Businessmen blame governments for moving slow on Arab free trade
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
| Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info