Egypt has finally embraced 5G technology, as Vodafone, E&, and Orange secure their licenses, marking a pivotal moment in its telecom landscape. With a $675 million investment for 15-year 5G licenses, Egypt aims to enhance communication capabilities.
South Korea has officially revoked the mobile license of Stage X, led by Stage Five, an affiliate of tech giant Kakao Corp. The Ministry of Science and ICT cited failure to meet financial and operational criteria as reasons. Stage X aimed to join established carriers like SK Telecom and KT but struggled to secure necessary capital.
In a landmark verdict, Telecom Italia (TIM) resolves a decade-long license fee dispute. Awarded a €1 billion payout by the Italian Government, TIM’s victory prompts further scrutiny of the necessity of these fees post-privatization.
