NTRA requests discounted infrastructure renting rates from TE
The National Telecommunication Regulatory Authority (NTRA) requested from Telecom Egypt (TE) [ETEL.CA] lowering the infrastructure renting rates for the internet service providers (ISP). According to Al Borsa, the ISPs are exerting efforts to limit illegal connections through packaging collective subscriptions to households. (Al Borsa) Telecom Egypt: EGP5.66 as of 17 January 2016, Rating: Buy, FV: EGP12.21 per share, MCap: USD1,234 million, ETEL EY / ETEL.CA
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