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Orange eyes EGP 4B new investments next year

Orange eyes EGP 4B new investments next year

ArabFinance: Egyptian telecom operator Orange intends to pump EGP 4 billion worth of investments in 2021 for network upgrades, Shorouk News cited Hisham Mahran, chief of the enterprise segment, on November 21st.

The company has already invested approximately EGP 650 billion in the Egyptian market since it had started operating locally, Mahran added.

Orange Egypt spent 80% of its 2020 investments on expanding data transmission services to cover more areas nationwide, the official added.

Earlier this year, the company topped other telecom operators in Egypt in terms of download speed on the internet.

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