Cairo – Mubasher: Telecom Egypt's stock quote increased by 1.15% to EGP 9.6 a share in Monday's trading session.
Thus, the stock has hit the highest mark since 19 April 2015, Mubasher.info noticed.
By 2:00am Cairo time, around 5,700 shares were traded in 1,300 transaction at more than 54 million.
The stock's highest quote stood at EGP 9.7 per share, while EGP 9.3 was the lowest recorded share price.
Earlier, TE board of directors gave the green light to buying a fourth-generation mobile phone license, authorizing the CEO to finalize all procedures, including the payment of one of four 4G licenses in 13 June 2016.
