{"id":629223,"date":"2018-05-24T04:10:08","date_gmt":"2018-05-24T04:10:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/te-to-settle-with-etisalat-orange-for-egp-1-2-bn\/"},"modified":"2018-05-24T04:10:08","modified_gmt":"2018-05-24T04:10:08","slug":"te-to-settle-with-etisalat-orange-for-egp-1-2-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/te-to-settle-with-etisalat-orange-for-egp-1-2-bn\/","title":{"rendered":"TE to settle with Etisalat, Orange for EGP 1.2 bn"},"content":{"rendered":"

Telecom Egypt (TE) will pay EGP 1.2 bn to Etisalat Misr and Orange Egypt to settle past and long-standing disputes which had gone through arbitration proceedings, the company said in its general assembly minutes (pdf)<\/a>. TE will pay Etisalat the lion\u2019s share of EGP 924 mn over TE withholding payments for using Etisalat\u2019s network to run international calls. TE will pay Orange EGP 250 mn over a dispute over utilization fees.<\/p>\n","protected":false},"excerpt":{"rendered":"

Telecom Egypt (TE) will pay EGP 1.2 bn to Etisalat Misr and Orange Egypt to settle past and long-standing disputes which had gone through arbitration proceedings, the company said in its general assembly minutes (pdf). TE will pay Etisalat the lion\u2019s share of EGP 924 mn over TE withholding payments for using Etisalat\u2019s network to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9290],"tags":[72,2369],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-629223","post","type-post","status-publish","format-standard","hentry","category-telecoms-ict","tag-enterpriseam","tag-telecoms-ict","wpautop","entry"],"acf":{"mongo_id":"d40b8347-4a7d-4a89-a79a-c591e5941b79","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"TE to settle with Etisalat, Orange for EGP 1.2 bn","related_issue":[629186],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.ace630a6-82e7-448a-8b5e-be019ef968ef.mp3"},"yoast_head":"\nTE to settle with Etisalat, Orange for EGP 1.2 bn - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/te-to-settle-with-etisalat-orange-for-egp-1-2-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TE to settle with Etisalat, Orange for EGP 1.2 bn\" \/>\n<meta property=\"og:description\" content=\"Telecom Egypt (TE) will pay EGP 1.2 bn to Etisalat Misr and Orange Egypt to settle past and long-standing disputes which had gone through arbitration proceedings, the company said in its general assembly minutes (pdf). TE will pay Etisalat the lion\u2019s share of EGP 924 mn over TE withholding payments for using Etisalat\u2019s network to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/te-to-settle-with-etisalat-orange-for-egp-1-2-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-24T04:10:08+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/te-to-settle-with-etisalat-orange-for-egp-1-2-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/te-to-settle-with-etisalat-orange-for-egp-1-2-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"TE to settle with Etisalat, Orange for EGP 1.2 bn\",\"datePublished\":\"2018-05-24T04:10:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/te-to-settle-with-etisalat-orange-for-egp-1-2-bn\/\"},\"wordCount\":79,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Telecoms + ICT\"],\"articleSection\":[\"Telecoms + ICT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/te-to-settle-with-etisalat-orange-for-egp-1-2-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/te-to-settle-with-etisalat-orange-for-egp-1-2-bn\/\",\"name\":\"TE to settle with Etisalat, Orange for EGP 1.2 bn - 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According to the settlement terms, TE will pay Etisalat Misr USD 48 mn \u201cto mitigate an exposure of more than USD 100 mn\u201d and it would cover\u2026","rel":"","context":"In "Telecoms + ICT"","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642149,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/etisalat-misr-ready-to-let-te-offer-local-roaming-using-its-infrastructure\/","url_meta":{"origin":629223,"position":3},"title":"Etisalat Misr ready to let TE offer local roaming using its infrastructure","author":"enterpriseam admin","date":"7 August 2017","format":false,"excerpt":"Etisalat Misr is ready to begin allowing Telecom Egypt (TE) to piggyback off its infrastructure to offer local roaming services, Etisalat\u2019s Chief Corporate Affairs Officer Khaled Hegazy said, according to Al Shorouk. TE had signed an agreement with Etisalat in June to use the latter\u2019s infrastructure to offer 2G, 3G,\u2026","rel":"","context":"In "Telecoms + ICT"","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632654,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/15\/etisalat-misr-to-invest-egp-2-5-bn-this-year-to-develop-infrastructure\/","url_meta":{"origin":629223,"position":4},"title":"Etisalat Misr to invest EGP 2.5 bn this year to develop infrastructure","author":"enterpriseam admin","date":"15 February 2018","format":false,"excerpt":"Etisalat Misr is planning to invest EGP 2.5 bn this year to develop its infrastructure and expand its 4G services network, CFO Ehab Roshdy tells Al Mal. The new investment will be funded by revenue from the company\u2019s recent capital increase, according to Roshdy.","rel":"","context":"In "Telecoms + ICT"","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646513,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/15\/te-revenues-from-te-data-fall-in-1q2017\/","url_meta":{"origin":629223,"position":5},"title":"TE revenues from TE Data fall in 1Q2017","author":"enterpriseam admin","date":"15 June 2017","format":false,"excerpt":"TE Data\u2019s contribution to Telecom Egypt\u2019s earnings plunged 98.6% year-on-year in 1Q2017 to EGP 1.38 mn from EGP 98.45 mn last year, according to a Central Accounting Agency report picked up by Al Mal. 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