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4-Traders Homepage  >  Equities  >  CAIRO AND ALEXANDRIA STOCK EXCHANGE  >  Telecom Egypt Company    ETEL   EGS48031C016

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Telecom Egypt : Egypt ready to deliver 4G frequencies to telecom firms – Minister

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05/21/2017 | 12:42pm CEST

Cairo – Mubasher: The Egyptian Minister of Communications and Information Technology, Yasser El-Kady, said that 4G frequencies are ready to be delivered to telecom firms operating in Egypt, Reuters reported on Sunday.

“We are ready now to provide 4G frequencies to any company… We are waiting for the firms to finalise technical preparations to receive the frequencies,” El-Kady told Reuters.

Last August, Telecom Egypt became the country's first operator to get a 4G licence.

Source : Mubasher

(c) All Rights Reserved - Mubasher Info 2005 - 2017 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( EGP)
Sales 2017 13 698 M
EBIT 2017 2 304 M
Net income 2017 2 786 M
Debt 2017 1 423 M
Yield 2017 6,81%
P/E ratio 2017 6,85
P/E ratio 2018 8,13
EV / Sales 2017 1,36x
EV / Sales 2018 1,28x
Capitalization 17 241 M
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Income Statement Evolution
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Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 12,7  EGP
Spread / Average Target 26%
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Managers
NameTitle
Ahmed Mohamed Hamdy El-Behery Chief Executive Officer, Director & MD
Maged Ibrahim Osman Chairman
Mohamed Hassan Shamroukh Chief Financial Officer, Director & Vice President
Ahmed Mohammed Jamal Abou Ali Independent Director
Eskander Adel Eskander Tooma Director
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