Vodafone Egypt to pay LE 750M to Etisalat Misr - News Summed Up

Vodafone Egypt to pay LE 750M to Etisalat Misr


This indicates that the current arbitration ruling is a rejection of all Vodafone applications based on the eligibility of the authority's decisions since its issuance, which have not been challenged by Vodafone previously. Vodafone had already approved those decisions when issued without any objection.Shehata stressed that the arbitration ruling is not subject to any appeal and is being prepared for its implementation.Etisalat Misr is a subsidiary of Etisalat group, with total presence in 16 countries across Africa, Middle East and Asia. Etisalat group entered the Egyptian market and commercially launched in May 2007.Vodafone operates within the telecommunication services sector focusing on wireless telecommunication services. It has 2 subsidiaries operating across Egypt, working on internet software & services. Vodafone is based in 6th of October, Egypt and was established in May 1998.


Source: Egypt Today January 03, 2019 15:00 UTC



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