Link ADSL restructures its debt profile using EGP230 million capital boost from Orange Egypt
Orange Egypt’s (previously Mobinil) fixed DSL arm, Link ADSL will utilise the EGP230 million capital increase from Orange Egypt in restructuring its debt profile. The company’s current debt balance stands at cEGP370 million. Link ADSL is planning to boost its network quality in 2016. In other news, Orange Egypt has appointed Atef Helmy (former MCIT Minister) as Chairman of the board. (Al Borsa, Youm 7)
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