Egypt Telecom to produce overseas pre-paid cards
The Egyptian Telecommunication Company signed an agreement with the American MCI Worldcom Company mid-September, allowing the Egyptian enterprise to produce overseas pre-paid telephone cards, reported Al-Sharq Al-Awsat daily.
The chairman of the board of the company, Aqeel Bashir, asserted that this agreement enables his company to manufacture and market international pre-paid tele-cards in over 139 countries, using the name of its American counterpart. In addition, the company is also planning to launch a network aimed at distributing these cards all over the world in association with MCI.
Egypt Telecom, once a monopoly, has seen many changes over the past few years. In 1997 the company issued two licenses to establish public payphone systems throughout Egypt, each consisting of 20,000 lines.
In addition, it has made efforts to increase its position in the private sector and currently has several infrastructure projects signed with international companies, aimed at improving the nationwide telecommunication services available. — (Albawaba-MEBG)