BeIN Sports says it rejects the USD 22.7 mn fine that was set by the Egyptian Competition Authority and upheld last week by the Cairo Economic Court, Broadband TV News reports. “beIN’s decision to progressively move its programming from NileSat (its backup satellite operator) to EshailSat (its primary satellite operator) is based on entirely valid commercial, technical and operational reasons and, in fact, results in improved satellite feed,” BeIN says.
More from Enterprise
The digital EGP won’t look different at checkout — but it will work nothing like InstaPay
Every instant payment today depends on your bank or telco.…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Egypt is fixing how deals get executed, but what pushes investors offshore runs deeper than the reforms on the table
Investment Ministry and a Senate committee are both moving to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…