100 billion EGP investments..The fact that mobile companies withdraw from the Egyptian market

the fact that international companies specialized in producing mobile phones have withdrawn from the Egyptian market.

100 billion EGP investments..The fact that mobile companies withdraw from the Egyptian market
mobile companies

Social media pioneers circulated reports about the closure of many mobile companies in Egypt.

The withdrawal of mobile companies from the Egyptian market

The head of the Mobile Dealers Division at the Chambers of Commerce in Cairo, Mohamed Talaat, revealed the fact that international companies specialized in producing mobile phones have withdrawn from the Egyptian market.

He said, “What was circulated about the withdrawal of international companies from mobile phone manufacturers in Egypt and their closure, rumors and false information promoted by some Brotherhood and anti-Egyptian websites; with the aim of causing confusion in the mobile market“.

Additional incentives

He pointed out that international companies will get additional incentives by reimbursing export burdens after manufacturing locally and exporting abroad.

He pointed out that the agreement between the Ministries of Trade and Industry, Communications and Information Technology; to include the mobile phone in the list approved by the state to grant export incentives to manufacturers and exporters.

He noted that the mobile market in Egypt is one of the largest markets in the region, with 100 million mobile phone subscribers, 12 million landline subscribers, about 73 million mobile Internet subscribers, and 11 million landline subscribers.

100 billion pounds invested in mobile phones

The volume of new investments in the sector exceeds about 100 billion pounds, and phone sales exceed 50 billion pounds annually.

OPPO exit from the Egyptian market

In the first official response, OPPO announced that there is absolutely no truth to the rumors circulating on some social media platforms and news sites about the company's intention to exit the Egyptian market.

OPPO confirmed that all of the company's activities and business in Egypt are proceeding normally and normally, as the Egyptian market is considered one of the most promising markets in the region and that it has great confidence in the great capabilities available in it.

The company is always committed to providing the best products and services to a wide range of its customers in Egypt, after achieving many successes during the previous years.

OPPO will continue to seek more business opportunities with local partners, and OPPO will continue its commitment to meeting the requirements of Egyptian users.

OPPO plans to continue its ambitious strategy in Egypt during the coming period, and will always strive to provide high-quality products and services in the Egyptian market.