Cairo-Mubasher: Vodafone Egypt has approved the distribution of EGP 7 per share as cash dividends, according to a recent statement.
According to Mubasher's calculations, Telecom Egypt (TE) will get a share of EGP 756 million ($85.13 million) from Vodafone's dividends payout.
It is noteworthy that the government owns an 80% stake in Telecom Egypt which owns a stake of 45% in Vodafone Egypt.
Source : Mubasher
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