VOL. XLI
No. 12
23-March-1998
EGYPT
Foreign Consortium Bids For Mobile Phone License In Egypt
Press reports have indicated that an international consortium led by France Telecom andMotorola of the US will purchase 70% of the shares of the Egypt Mobile Phone ServicesCompany (EMPSC), following the offer of a 30% stake to the public last February (MEES,9 March). The consortium is trying to obtain a license to operate the service in Egypt.According to the reports, the consortium - called Mobile Nile...
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