Telecom Egypt owed $21 million by pre-pay card providers

Reuters, Wednesday 28 Sep 2011

Landline operator corrects figures reported in the press, saying it has filed a complaint to the telecoms regulatory authority

Landline-monopoly Telecom Egypt said on Wednesday it was owed LE128 million (US$21.5 million) by telecommunications companies providing pre-paid card services.

Telecom Egypt issued a statement after some news reports put the figure at LE2.5 billion.

It has filed a complaint to the telecommunications regulatory authority concerning the matter, the statement said.

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