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

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UPDATE 2-Egypt to auction 4G licenses 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 licenses in an international auction if they are not taken up by carriers already operating in the country. Egypt's government will finalize technical negotiations with telecoms groups over the licenses next week and start financial... Source: http://www.cnbc.com/2016/06/23/reuters-america-update-2-egypt-to-auction-4g-licenses-if-local-operators-dont-bite.html