UPDATE 2-Egypt to auction 4G licences if local operators don't bite

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UPDATE 2-Egypt to auction 4G licences if local operators don't bite
June 24, 2016 *Egypt introducing high-speed mobile service. CAIRO, June 23- Egypt said on Thursday it will offer fourth-generation mobile licences in an international auction if they are not taken up by carriers already operating in the country. Egypt's government will finalise technical negotiations with telecoms groups over the licences next week and start financial... Source: http://www.cnbc.com/2016/06/23/reuters-america-update-2-egypt-to-auction-4g-licences-if-local-operators-dont-bite.html