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Minister: 5G Not Just Internet Speed but 'Milestone' in Digital Transformation
Minister: 5G Not Just Internet Speed but 'Milestone' in Digital Transformation

See - Sada Elbalad

time3 days ago

  • Business
  • See - Sada Elbalad

Minister: 5G Not Just Internet Speed but 'Milestone' in Digital Transformation

Taarek Refaat Amr Talaat, Minister of Communications and Information Technology affirmed that the launch of 5G services in Egypt is a milestone in the digital transformation. He emphasized that 5G represents more than just an improvement in speed, but rather a qualitative leap in smart services in the fields of health, agriculture, transportation, and industry. During his official speech, the Minister explained that the state began 2024 by issuing the first 5G license, followed by granting licenses to all mobile companies operating in the Egyptian market, reflecting the state's commitment to expanding digital services. He pointed out that mobile companies have invested more than $2.7 billion in infrastructure and frequencies since 2019, reflecting the confidence of local and international investors in the Egyptian telecommunications sector. He also indicated that the government, in cooperation with telecommunications companies, is working to implement massive projects to connect fiber optic cables and cover more than 4,000 villages as part of the "Decent Life" initiative, emphasizing that telecommunications has become a "basic right" for every citizen. The Minister added that the number of users of the "Digital Egypt" platform has exceeded 8 million citizens, and that half a million young people have been trained in digital skills. He noted that the number of Egyptians working through global freelance platforms has jumped from 50,000 in 2020 to more than half a million in 2024. Talat concluded by thanking the Prime Minister for his significant support for this initiative, emphasizing that the launch of 5G represents the culmination of long-standing efforts and a fundamental pillar in building a digital Egypt. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream

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