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English news

27-Jun-2016

Negotiations between Etisalat Misr and Telecom Egypt to resolve interconnection dispute

Negotiations are currently ongoing between Etsialat Misr and Telecom Egypt (TE) [ETEL.CA] to resolve the interconnection dispute between the two companies, according to Etisalat Misr’s CEO Hazem Metwally. Metwally highlighted that for a national roaming agreement to be signed with TE to be able to offer 2G and 3G services, all pending disputes with Etisalat Misr have to be resolved first. (Al Alam Al Youm)   Telecom Egypt: EGP7.92 as of 26 June 2016, Rating: Buy, FV: EGP12.21 per share, MCap: USD1,523 million, ETEL EY / ETEL.CA

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