Egypt Telecom Market Size (2024 - 2029)

Egypt Telecom Market Analysis

Egypt Telecom Market revenue is expected to register a CAGR of 3.65% over the next five years. The major telecom firms with offices in Egypt, including Telecom Egypt, Vodafone, Orange, Etisalat Egypt, and Ericsson, promote innovation by making significant R&D investments consistently.

• The country's transition from 4G to 5G is still rising. Key telecom players collaborate with the government to deploy 5G networks nationwide. For Instance, Orange Egypt has been allocated more spectrum by the country's National Telecommunications Regulatory Authority (NTRA), which can be used for both 4G and 5G deployments.
• The growing demand for high-speed connectivity services by customers and increasing spending on the deployment of 5G infrastructure positively influence the growth of the Egypt telecom market. For instance, Vodafone is working with the National Telecom Regulatory Authority (NTRA) regarding the possibility of undertaking 5G trials in the New Administrative Capital.
• The Government authorities are working with private telecom service providers to expand their network capabilities. For instance, The National Telecom Regulatory Authority (NTRA) approved 749 new mobile stations during the third quarter of 2022. Such initiatives from the government will further support the growth of the telecom market.
• Egypt's telecom industry has made further strides in expanding its services that support the 4G network. For instance, Telecom Egypt has secured a medium-term loan of USD 167 million from the European Investment Bank (EIB), which it will use to expand its 4G network. The loan will be used to improve Telecom Egypt's mobile network coverage by deploying around 2,000 new mobile sites and installing additional capacity layers to its existing portfolio of towers. Such initiatives will increase the demand for reliable and high-speed Internet connectivity services.
• During the COVID-19 scenario, most people preferred work-from-home mode, thus increasing broadband subscribers. Wireless and wired broadband services can provide high-speed Internet services. Key players in the market focused on expanding their broadband services that support 4G and 5G networks.

Egypt Telecom Industry Segmentation

Telecom or Telecommunication is the long-range transmission of information by electromagnetic means. 

Egypt Telecom Market includes in-depth trend analysis based on connectivity like Fixed Networks, Mobile Networks, and Telecom Towers. The telecom services are divided into Voice Services (Wired and Wireless), Data and Messaging Services, OTT, and PayTV Services. Several factors, including an increasing demand for 5G likely drive the adoption of telecom services.

The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.