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Egypt Orange offered 4G licence for $400mn in spectrum shake-up

  CAIRO / Reuters Orange Egypt has said that Egypt’s telecommunications regulator had asked it to pay 3.54 billion Egyptian pounds ($399 million) for a licence to offer fourth-generation mobile phone services. The regulator had asked it to pay 100 million Egyptian pounds to acquire a fixed-line licence and 1.8 billion pounds to offer international calls, Orange Egypt said in ...

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Central bankers fear downturn

  Bloomberg On Friday morning London time — when the result of a UK referendum will show whether the nation has chosen to leave the European Union — the Bank of Japan and the Swiss National Bank’s Singapore desk could already be selling yen and francs. They and their peers are also primed to pump liquidity into banks fearful of ...

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ECB ‘Brexiteers’ face final ruling on OMT challenge

  Bloomberg It’s not quite Brexit. But just two days before the UK goes to the polls, a throng of German academics, politicians and ordinary citizens are pinning their hopes on a different breakaway. Germany’s highest court will deliver judgments today in five separate cases seeking to stop the country from participating in a controversial bond-buying plan that underpinned European ...

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