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Etisalat Misr to invest EGP 4.5 bn in Egypt to next year
INVESTMENT WATCH- Etisalat Misr appears to be following through on plans to invest EGP 4.5 bn in Egypt next year,…
Telecom
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Telecom Egypt to have 20 mn homes fiber-optic-supported by 2020
Telecom Egypt is planning to install optical fiber in 20 mn homes by 2020, CFO Mohamed Shamroukh said, according to…
Ibrachy Legal Consultancy served as legal advisor for GTH acquisition
Ibrachy Legal Consultancy acted as legal advisor to Global Telecom Holding in its acquisition by majority shareholder Veon and subsequent…
Telecom Egypt could offer an additional stake on the EGX -Talaat
ECM WATCH- The state could look to trim its holdings in telecom operator Telecom Egypt (TE) in a secondary offering…
TE to complete work on gov’t district in NAC by end of 1H2020
State-owned landline monopoly Telecom Egypt (TE) expects to complete telecommunication services for the new administrative capital’s government district by the…
GTH finishes paying USD 136 mn settlement to Tax Authority
DISPUTE WATCH- GTH finishes paying USD 136 mn settlement to Tax Authority: The dispute between Global Telecom Holding (GTH) and…
Egyptian Stock Exchange removes GTH shares
The EGX has taken Global Telecom Holding’s shares off the exchange after the company completed all voluntary delisting procedures, the…
GTH completes delisting process from Egypt’s stock market
Global Telecom Holding (GTH) has completed its delisting from the EGX by buying all of its EGX-listed shares (32.9 mn)…
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