Telecom Egypt approves presenting 4G, mobile services

Telecom Egypt (ETEL.CA) announced that its board of directors, convened on July 28, had approved to obtain a license to establish, operate, and manage the fourth generation service as well as finalizing the negotiations of mobile services license in favor of the company and its shareholders.

The company added in a bourse filling, the study will be presented to Investment Committee then board of directors.

Source: Arab Finance