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 Thursday, October 16, 2008

Egypt mobile market has reached a total subscriber base of 33.86million as Q208 ends, net addition of 3.01million quaterly and 10.99 million yearly. The penetration rose from 28.5% to 41.5%, seeing a rise of 13% on y-to-y basis. The 9.8% growth in Q2 overpowered the Q1 growth of 6.6%. The annual growth rate of Egyptian mobile market fell acutely to 29.2% compared to last yearfs 61.7%.

Mobinil lead the market 16.33million subscribers, adding 1.31million subscribers in the quarter and 4.82million in past one year. Oddly, the market leader Mobinil lost itfs market share to the upcoming mobile operator Etisalat, and posted itfs lowest ever market share of 48.2% and annual growth rate of 59.2%.

Following the footprints of Mobinil, Vodafone also lost 2.7pp of itfs market share coming down to 44.3% by the end of Q2, and this dip came when Vodafone saw a perked up growth of 4.25million in subscriber base, crossing the 15million mark. The operator recorded an annual growth of 25.4%, falling to half since last year.

Etisalat, completing an year in the Egyptian market, had a subscriber base of 2.53million subscribers by the end of Q2, a rise of 94.9% since itfs launch. The mobile operator earned a market share of 7.5% in past one year, rising from 2.6%.

Source: Wireless Federation.