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London close: Stocks mixed as UK inflation slows to BoE target
(Sharecast News) - London stocks ended the day with mixed results on Wednesday, as new data indicated a decrease in annual consumer price inflation, a...
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Egypt to let Telecom Egypt provide mobile services
Wed, 26th Dec 2012 16:07
CAIRO, Dec 26 (Reuters) - Egypt will grant Telecom Egypt a license by mid-2013 to provide mobile telephoneservices and will later let mobile companies offer fixed-linedservices using Telecom Egypt infrastructure, the telecomregulator said on Wednesday. Telecom Egypt, 80 percent owned by the state, has beenrelying on its data business to boost revenue. Egypt has threemobile operators: Vodafone Egypt, Mobinil,which is controlled by France Telecom, and Dubai-basedEtisalat.
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