TE Data’s, Telecom Egypt’s (TE) [ETEL.CA] subsidiary, servers were hacked on Dec 6 2017, halting Internet services for subscribers using Huawei HG532 routers. The company has promised to exchange Huawei HG532 routers for users, according to Al Borsa.
Telecom Egypt: EGP13.54 as of 7 Dec. 2017, Rating: Buy, TP: EGP15.70/share, MCap: USD1,299mn, ETEL EY/ETEL.CA
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