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19-Jan-2017

Djezzy’s 4G network now covers 20 provinces in Algeria with a coverage rate of 40% while Ooredoo’s 4G service is available in 31 provinces with a coverage rate of 10%

Global Telecom Holding’s (GTH) [GLTDq.L] subsidiary, Djezzy, has deployed its 4G network in 20 provinces in Algeria with a coverage rate of 40%. Meanwhile, Ooredoo has the 4G service available in 31 provinces, but its 4G coverage rate is only 10%. Mobilis, has the service available in 16 provinces only. (DIA-Algerie)   Global Telecom Holding: USD1.79 per GDR/ EGP7.15 per share as of 18 January 2017, Rating: Buy, TP: USD2.93 per GDR/ EGP10.48 per share, MCap: USD1,878mn, GLTD LI / GLTDQ.L

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