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English news

20-Jan-2016

ICT Minister: Significant enhancement in internet service quality within six months

ICT Minister, Yasser Al Kady stated that the telecommunication sector in Egypt will witness significant enhancement in the internet service quality. Al Kady said, on the sidelines of an event organised by the Canadian Chamber of Commerce, that Telecom Egypt (TE) [ETEL.CA] should conclude revamping all the telecom exchanges it owns within six months. (Al Mal)   Telecom Egypt: EGP6.00 as of 19 January 2016, Rating: Buy, FV: EGP12.21 per share, MCap: USD1,308 million, ETEL EY / ETEL.CA

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