Vodafone Egypt has yet to ink a domestic roaming agreement with Telecom Egypt, VFE CEO Stefano Gastaut said, according to Al Mal. Talks between the two over the roaming agreement — which will allow TE to use VFE’s network infrastructure to offer its own mobile services — have been ongoing for some time, with Etisalat and Orange Egypt having already signed. Addressing the press yesterday, Gastaut said that a “solution” must be found for TE’s “clear conflict of interest” in holding a 45% stake in Vodafone Egypt. Market analysts expect TE will be forced to sell the stake to cover their cost of investment.
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