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Telecom Egypt renews international call transmission agreement with Vodafone

Telecom Egypt renews international call transmission agreement with Vodafone

ArabFinance: Telecom Egypt (ETEL) announced in a statement sent to EGX, it has signed renew international calls transmission agreement with Vodafone Egypt (VODE) to be run starting September 2017 until the end of 2022. 

The agreement has been anticipated to generate returns worth EGP 12 billion. It is prescribed extending the exchanged commercial commitment between the two companies for more than 5 years, ensuring the pioneering role for Telecom Egypt in regards international calls transmission from and to Egyptian market. 

The renewed agreement encompassed new mechanisms to catch up the telecommunication market changes and enable the two parties to combat circumvention the international calls. 

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