Egypt postpones fixed-line licence auction
CAIRO, Sept 8 (Reuters) – Egypt’s telecom regulator said on Monday it had decided to postpone an auction for a second fixed-line licence for a year, citing global market woes.
“The National Telecom Regulatory Authority (NTRA) … has decided to postpone the auction for the second fixed-line network, which was announced earlier this year, for a year, with a re-examination of offering it again to take place next year,” an NTRA statement said.
It said the NTRA had made the decision after consulting the companies that had expressed interest in bidding for the licence.
This must be the fourth time they’ve delayed the auction this year.