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English news

03-Jan-2019

Etisalat Misr wins EGP700mn arbitral award against Vodafone Egypt

Etisalat Misr won an EGP700mn arbitral award against Vodafone Egypt, Matouk Bassiouny & Hennawy law firm, which represented the former, said in a press release. Vodafone Egypt, which filed the lawsuit in 2016 on concerns over interconnection fees with Etisalat Misr, is currently processing the verdict to respond appropriately, according to Youm7. 
 
Etisalat (AD): AED17.00 as of 2 Jan. 2019, Rating: Neutral, TP: AED18.10/share, MCap: USD40,285mn, ETISALAT UH/ETEL.AD
 

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