An official source in the telecommunications sector has revealed that the three mobile operators: Vodafone, Mobinil and Etisalat, as well as Telecom Egypt, have rejected the Communications Ministry's suggestion to reduce the cost of the Internet in Egypt and adjust it to people's monthly income.
The four companies were supposed to submit a new price plan to both the Communications Ministry and the National Telecommunications Regulatory Authority over the past week, but did not.
The board of directors for each of the three mobile phone operators, as well as Telecom Egypt, held meetings over the past week to discuss the Communications Ministry's desire to reduce Internet prices, particularly since Telecom Egypt has acquired 66 percent of the Internet capacity in Egypt, said the source.
The source added that reducing the Internet services prices would harm the three companies. They stipulated that once Telecom Egypt's reduces its Internet prices, they will follow suit, according to the source.
Edited translation from Al-Masry Al-Youm