16 Hrs
Source:
بوابة أخبار اليوم
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June 30 Anniversary Invests $6B in Egypt Internet
In recent years, Egypt has experienced significant development in the communications and information technology sector. The government has invested over 6 billion dollars since 2019 to modernize both fixed and mobile internet infrastructure. This has resulted in a substantial increase in internet speed, more than 14-fold, reaching 92.73 Mbps by May 2026. The upgrade has been further supported by the launch of 5G services and the allocation of a spectrum license worth 3.5 billion dollars. Additionally, the sector has seen growing local design and manufacturing, with 10 million mobile phones produced in 2025 and projections to exceed 15 million in 2026, aiming to deepen value addition. The postal infrastructure has also been upgraded, and cybersecurity services expanded, along with the establishment of innovation and digital development centers. These efforts aim to enhance digital sovereignty and achieve remarkable economic and technological progress.
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