Telecom Egypt begins procedures to sign on final 4G licence terms this week
The National Telecommunication Regulatory Authority (NTRA) is set to send the final 4G licence terms to the operators by the end of the week, according to an unnamed source at the NTRA. Telecom Egypt (TE) [ETEL.CA] is close to finalising all the requirements in order to obtain the licence. The deadline for all operators to agree on the 4G licence terms expires today. (Al Borsa) Telecom Egypt: EGP9.26 as of 4 August 2016, Rating: Buy, FV: EGP12.21/share, MCap: USD1,780mn, ETEL EY / ETEL.CA
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