The problem is in the denominator. GDP per capita in Egypt is very small.
i dont know enough about the market to comment confidently but surely the problem is both the denominator and the numerator.
if broadband access is strategically important for the nation's development which i think it is and which in emerging economies will most likely happen via wireless providers then this stat is worrying. i imagine one of the main cost drivers for operators is the cost of acquiring licenses in which case the government is potentially short-changing the poor in egypt by pricing the licenses and therefore the broadband rates too highly (even if the spectrum was auctioned off the govt could have still influenced this outcome).
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