Telecom Egypt Pays $806 Million for 4G License; Shares Advance - Bloomberg

Telecom Egypt Pays $806 Million for 4G License; Shares Advance
Bloomberg
Telecom Egypt is set to become the country's fourth mobile carrier after acquiring a 4G license Wednesday as the state-controlled landline monopoly seeks to keep up with rivals. The stock rose as much as 8.2 percent. The carrier, 80 percent owned by ...