15% increase The truth about the high cost of mobile and internet recharge cards in Egypt
- Recently, there have been rumors on social media about an expected increase in shipping card costs in Egypt.
- Mohamed Shamrukh, the CEO of the National Regulatory and Communications Authority, confirmed that the cost of recharge cards has indeed increased today.
- An official source within the telecommunications sector has indicated that the increase in prices may reach up to 15%.
Recently, there have been rumors on social media about an expected increase in shipping card costs in Egypt. Many citizens are discussing this topic due to the surprising state of internet packages in the country.
The Truth About Shipping Card Price Increases
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Mohamed Shamrukh, the CEO of the National Regulatory and Communications Authority, confirmed that the cost of recharge cards has indeed increased today. He stated that there is an initial approval to review prices for mobile and communication services, but no formal approval has been made for specific price increases as mentioned in social media reports. Shamrukh attributed the potential price review to the rising operational costs of mobile companies.
Recharge Card Amount Increase
An official source within the telecommunications sector has indicated that the increase in prices may reach up to 15%. Four major telecommunication companies—Vodafone, Orange, E&A, and Amara—have approached the telecom regulatory authority to discuss potential service price increases ranging from 30% to 40%.
Shipping Card Cost
The announced prices for rechargeable cards by the telecommunication companies now reflect the overall prices available in the market, including both low and high-value cards.
The new prices set by the four companies are as follows:
- A £10 recharge card now costs £12, providing an actual balance of £8.50.
- A £25 recharge card has increased to £30, giving a balance of £21.50.
- A £50 recharge card is now £60, offering a balance of £42.50.
- A £100 recharge card has risen to £120, giving a balance of £85.
Reasons for the Price Increase
The telecommunications companies attributed the price hike to several factors, mainly rising operating costs and inflation. The recent increases in electricity prices have also significantly impacted their expenses. Additionally, the global inflation rate has raised production costs, including fuel and electricity necessary for operating network towers.
In response to the pricing changes, telecom companies are launching offers and promotional packages to attract customers and retain their client base.