Egypt mobile phone subscribers top 51 million

Egyptian mobile phone subscriber growth continued unabated in August, with 1.4 million new accounts added, to bring the total number to 51.477 million.

More than a million accounts have been created every month since late last year. A year ago, there were 37.626 million subscribers, the government-run Egyptian Cabinet Information and Decision Support Centre said on its website (www.eip.gov.eg).

Analysts and executives see room for growth up to some 65 million accounts, or 85 percent of the population, although estimates assume 20 to 25 percent of the market involves second phones.

Reuters

Related posts:

1. Consumer spending boom attracts foreign investors to Egypt
2. Vodafone Egypt expects 160,000 broadband users
3. Egypt tourism continues on the rise
4. Egyptian Central Bank lowers interest rate to 10%
5. Economic news updates on Egypt

Tags: Mobile phone, Population, Telecommunications

This entry was posted on Monday, October 19th, 2009 at 3:42 pm and is filed under Modern Egypt. You can follow any responses to this entry through the RSS 2.0 feed.