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Egypt sees decline in the cost of telecommunications services during the Q2 of 2017

A report by the Ministry of Communications and Information Technology showed a slight decline in the cost of telecommunications services during the second quarter (Q2) of this year compared to the first quarter of the same year.

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A report by the Ministry of Communications and Information Technology showed a slight decline in the cost of telecommunications services during the second quarter (Q2) of this year compared to the first quarter of the same year.

According to the report, the cost of using the Internet during the q2 fell to $2.76 to $ 2.79 for the q1, while the rate of decline was more than 50% compared to the q1 of the same period of 2016, the cost of Internet service in the q2 of 2016 $5.63.

While the cost of mobile services decreased from $1.25 in q1r of this year to $1.23 in the q2 of the same year, while it was $2.38 in the comparative period of 2016.The fixed-line cost fell slightly to $0.89 from $0.90 in q1 of 2017 and $1.82 in q1 of 2016.

According to the report, there has been no decline in any of the prices of telecommunications services denominated in Egyptian pounds during the q1 of 2017, mainly in prices in the last two quarters compared to the previous quarters to the low exchange rate of the pound against the dollar as a result of the central bank’s policy to liberalize the exchange rate beginning in November, which leads to a difference in the prices of telecommunications services denominated in dollars from previous quarters in the past quarters, it is worth mentioning that the new Value Added Tax (VAT) has been added to the methodology of the calculation.On the other hand, the report showed a decline in revenues of the Information and Communications Technology (ICT) sector to record EGP 25.45bn during the q2 of this year compared to EGP 25.09bn for q1 of the same year.

According to the Telecommunications Report, the cost of mobile phone usage is calculated according to the prepaid rate for every 30 calls per month spread over the same mobile network, competing mobile networks, land networks during peak hours, peak times and weekends, as well as 100 text messages.

While the prices of Internet “ADSL” on the basis of the lowest price for monthly subscription to the Internet company with the highest share of subscribers in the market.

© 2017 Daily News Egypt. Provided by SyndiGate Media Inc. (Syndigate.info).

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