NTRA in talks with Telecom Egypt to extend infrastructure network to Halayeb and Shalateen
The National Telecommunication Regulatory Authority (NTRA) is in talks with Telecom Egypt (TE) [ETEL.CA] to extend the company’s infrastructure network to Halayeb and Shalateen (cities along Egypt’s southern border). NTRA has concluded the purchase of the equipment and is awaiting TE to connect it to its network. (Amwal Al Ghad) Telecom Egypt: EGP6.28 as of 17 February 2016, Rating: Buy, FV: EGP12.21 per share, MCap: USD1,369 million, ETEL EY / ETEL.CA
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