Egypt: Telecom Regulatory Authority postpones auction of second fixed license.Summary: Egypt's National Telecom Regulatory Authority Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities Board of Directors has decided to defer de·fer 1 v. de·ferred, de·fer·ring, de·fers v.tr. 1. To put off; postpone. 2. To postpone the induction of (one eligible for the military draft). v.intr. the auction of the second fixed license for a year in response to the changes taking place in the international markets. Egypt's National Telecom Regulatory Authority Board of Directors has decided to defer the auction of the second fixed license for a year in response to the changes taking place in the international markets. The deadline for submitting the offers of the second fixed license was due on 18th September. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Dr. Amr Badawi, the Executive President of the NTRA NTRA National Thoroughbred Racing Association NTRA National Telecommunication Regulatory Authority (Egypt) NTRA National Training Reform Agenda NTRA Nano Technology Research Association (Korea) , this decision was issued in the light of the discussions that took place between the NTRA and the 12 companies that bought the specifications handbook. The ICT (1) (Information and Communications Technology) An umbrella term for the information technology field. See IT. (2) (International Computers and Tabulators) See ICL. 1. (testing) ICT - In Circuit Test. international markets in Europe and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. are facing major fluctuations due to the increasing inflation rates and the increasing prices. The ICT investments worldwide are accordingly shrinking. Therefore, the decision was taken to postpone the license until a tangible improvement in the international market is witnessed. It is worth mentioning in this regard that the investments of the second fixed license are not expected to be less than one billion dollars during the first years of operation. The NTRA advocated such decision so as to ensure the participation of more companies and hence ensure the biggest revenue for the welfare of the state treasury. The NTRA will meanwhile explore the possibility of introducing the WiMAX technology. 2008 Mena Report (www.menareport.com) 2008 Al Bawaba (Albawaba.com) Provided by Syndigate.info an Albawaba.com company |
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