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NTRA comes fifth on 2021/2022 net profit ranking of economic entities

The National Telecommunications Regulatory Authority of Egypt (NTRA) came fifth on the ranking of the net profits of economic entities during the fiscal year 2021/2022, issued by the Ministry of Finance, with an EGP 5855 million and by an increase of 24% over the NTRA’s profit in the previous fiscal year 2020/2021. This milestone indicates a maximization of revenues and was driven by the measures taken by the NTRA to develop the telecom market, particularly granting licenses and providing new frequencies which had a great impact on increasing NTRA’s revenues, side by side with NTRA’s policy of rationalizing expenditure.