Vodafone Egypt and Etisalat Misr respond to letter of interest for the 4G licence
Following yesterday’s news that Telecom Egypt (TE) [ETEL.CA] was the only operator to respond to the letter of interest in acquiring the 4G licence, Vodafone Egypt (VFE) and Etisalat Misr have also responded, according to an unnamed source at the National Telecommunication Regulatory Authority (NTRA). Orange Egypt is expected to respond soon. (Al Ahram) Telecom Egypt: EGP7.93 as of 16 May 2016, Rating: Buy, FV: EGP12.21 per share, MCap: USD1,524 million, ETEL EY / ETEL.CA
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