OTMT Says Not Conceding Licence of Marine Cables Supply in Egypt

Orascom Telecom Media and Technology Holding – (OTMT) denied media reports about conceding licence of marine cables supply in the Egyptian market through MENA cable.

In a statement on Wednesday, OTMT said the newspaper was not accurate in providing the details, as the company approved to link the cable with Telecom Egypt’s route with conceding on its right to establish private routes in the Egyptian land.

OTMT added that, there are no articles added to the contract.