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Latest Share Chat

Telecom Egypt shares rise on reports of Vodafone Egypt stake sale

Tue, 28th Jan 2020 08:10

CAIRO, Jan 28 (Reuters) - Telecom Egypt shares
rose more than 4% in early trading on Tuesday following reports
Vodafone Group could sell its stake in its Egyptian
unit, Vodafone Egypt.

Telecom Egypt said on Sunday it had no intention of selling
its 45% stake in Vodafone Egypt. Vodafone Group holds the
remaining 55% stake in the company.

(Reporting by Ehab Farouk
Writing by Aidan Lewis
Editing by Louise Heavens)

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