Telecom Egypt (TE) [ETEL.CA] considers Vodafone Egypt (VFE) a very good investment and will only consider selling its stake in the company if it reaches a critical mass in the mobile market to the extent that it starts cannibalising on its investment, Bloomberg quoted Senior IR Director Sarah Shabayek as saying. Shabayek said there is no conflict of interest in keeping the stake, since TE is not privy to VFE’s plans during board meetings. TE plans to focus on expanding its market share to 15% by 2022, from 2% currently, and wants to cover 50% of its clients’ data traffic this year. On a separate note, the company is in talks with banks secure a syndicated revolving loan of up to EGP13bn to give it some flexibility in its operations.