Telecom Egypt board tentatively agrees to buy 4G licence

(Adds quotes from TE official, background on stock market) CAIRO, July 31 (Reuters) - Telecom Egypt (TE), the state-owned landline monopoly, said on Sunday its board had tentatively approved plans to buy a fourth-generation mobile licence and a company official said it would offer the services within a year of obtaining frequencies. Egypt is selling four 4G licences as part of a long-awaited plan to reform the telecoms sector. The reforms will potentially allow Telecom Egypt, which owns a 45 per