Vodafone Egypt expects 160,000 broadband users


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Wednesday, September 30, 2009

Vodafone Egypt expects to add 100,000 mobile broadband customers in 2009, taking its total broadband client base to 160,000. Officials said the firm had 60,000 mobile broadband users at the end of 2008.

Analysts number broadband users at around 1 million, suggesting Vodafone Egypt had 10 percent or more of the market. The broadband number refers to wireless Internet products for use with personal computers and is separate from access to the Internet via the firm’s mobile phone accounts.

Mirroring the surge in mobile broadband users, a Vodafone official said 3.5 million customers accessed the Internet via mobile phones in August, versus 2.5 million in February.
The state’s landline monopoly, Telecom Egypt, which holds a 45 percent stake in Vodafone Egypt, is the sole provider of fixed line Internet services in Egypt.

Telecom Egypt said in its second-quarter earnings release that Vodafone Egypt added 1.43 million subscribers to reach a total of 20.4 million by the end of June.
Egypt has more than 50 million active mobile phone subscriptions.

Reuters

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