Telecom regulator allows fixed-line subscribers to switch from Telecom Egypt to the new operators
The National Telecommunications Regulatory Authority (NTRA) has given the green light to fixed-line subscribers who wish to switch their subscriptions from Telecom Egypt (TE) [ETEl.CA] to the new fixed-line operators, according to a high-ranking source at NTRA. Penalties will be imposed on the operators that hinder the transformation of fixed-line subscribers to other operators. (Al Borsa) Telecom Egypt: EGP9.97 as of 01 December 2016, Rating: Neutral, FV: EGP10.25 per share, MCap: USD970mn, ETEL EY / ETEL.CA
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