VOL. XLI

No. 32

10-August-1998

EGYPT

Egypt's MobiNil Signs Two Telecom Contracts Worth $120Mn

MobiNil, Egypt's GSM phone operator, announced on 5 August that it had signed twocontracts worth $120mn with France's Alcatel and Motorola of the US to expand its existingGSM network. The first contract worth $60mn, awarded to Alcatel on 28 July, is to provideswitches, radio solutions and microwave links. The second contract valued at $60mn,awarded to Motorola on 4 August, is for the supply and...