Etisalat Egypt grabs a pair of internet providers

3 Nov 2008

Egyptian mobile operator Etisalat Misr has acquired 100% stakes in two internet service providers, Trade Arabia is reporting. The move comes after a year of negotiations between the cellco and Nile Online and EgyNet, with the acquisition coming as part of Etisalat’s aim of strengthening their presence in the content and internet sectors after obtaining a licence for providing 3G services. No value for the deals have been announced

Egypt, Etisalat Misr