Telecom Egypt in talks to offer mobile services
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Telecom Egypt in talks to offer mobile services

Telecom Egypt in talks to offer mobile services

Telecom Egypt is in advanced talks with the government on a deal allowing it to offer mobile services in addition to its traditional mainstay fixed-line business, where revenue is under pressure, Reuters has reported. "The discussions are in a very mature phase," chief executive Mohamed El-Nawawy said, adding that an agreement was imminent. The company, which is 80% owned by the state, has been relying on its data business to boost revenue.

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    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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