Telecommunications companies in Egypt invest $2B in new frequency spectrums: Min.

CAIRO – 17 November 2024: Minister of Communications and Information Technology, Amr Talaat, announced that telecommunications companies operating in Egypt have invested $2 billion in new frequency spectrums over the past three years, along with constructing 37,000 communication towers to date.  

 

Talaat highlighted at the Cairo ICT Conference and Exhibition, that Egypt now hosts 175 global companies operating 195 outsourcing centers, providing employment opportunities for 175,000 specialists. These centers export digital services valued at $3.7 billion annually.  

 

He emphasized that the telecommunications sector has evolved from merely a service-based industry to becoming a significant contributor to Egypt's economy by attracting foreign currency, fostering investments, and creating job opportunities. The sector is now a key driver of Egypt's economic growth, exporting digital services such as communication, programming, and design.  

 

Regarding internet infrastructure, the minister stated that the average internet speed in Egypt currently stands at 76 Mbps.  

 

Focus on Training and Development  

 

Talaat noted that the Ministry aims to train 500,000 individuals in 2025, with 50 percent of them being women, compared to 400,000 trainees this year. All training programs are offered free of charge and are part of a comprehensive training framework tailored to various age groups and professional levels.  

 

ICT Strategy and Vision
 

Speaking at the Cairo ICT Conference and Exhibition, inaugurated Sunday by Prime Minister Mostafa Madbouly on behalf of President Abdel Fattah El-Sisi, the Minister outlined the ministry’s strategic goals. These include supporting citizens in accessing digital government services, enabling youth to compete effectively in local and global job markets, and fostering innovation across ICT domains.  

 

Talaat also reaffirmed the ministry’s commitment to several key pillars, including simplifying access to digital government services, empowering citizens in the digital economy, encouraging entrepreneurship, supporting digital innovation, and providing robust digital infrastructure across all sectors.