Global Telecom Holding’s (GTH) [GTHE.CA] Algerian subsidiary, Djezzy, has seen its GSM licence renewed for five years, following the publication of an executive decree on 11 June 2017. The decree added that the licence is personal and may be transferred only within the framework of and in accordance with the laws and regulations in place and the conditions set out in the licence specifications.
Global Telecom Holding (GTH): EGP6.79 as of 09 Jul 2017, Rating: Buy, TP: EGP10.50/share, MCap: USD1,998mn, GTHE EY/GTHE.CA
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