Egypt’s telecoms regulator said on Sunday it would auction a second fixed-line licence on June 19, bringing Egypt one step closer to ending state-run Telecom Egypt’s fixed-line monopoly.

In an announcement published in the financial daily al Alam al Youm, the National Telecom Regulatory Authority said interested parties could obtain a booklet of conditions starting on March 13 after paying a fee of $10,000.

“The National Telecom Regulatory Authority announces the auction for the second fixed-line telephone licence in Egypt, and the Authority calls on consortiums of local and global companies to present their offers on Thursday, June 19, 2008,” the announcement said.

Posted: 02|24|08 at 10:09 am. Filed under: Auction News.