Yahoo may rethink use of cash from Alibaba deal
SAN FRANCISCO, Aug 9 Yahoo Inc may re-evaluate plans for the cash it gets from a multibillion-dollar sale of half of its 40 percent stake in Chinese Internet company Alibaba Group.
CAIRO Oct 15 Vodafone Egypt and Etisalat have requested fourth-generation mobile phone service licences in Egypt, an official at the telecom regulator said on Saturday.
"Meetings are ongoing between the two companies and the regulator," the official said.
Egypt is selling four 4G licences as part of a long-awaited plan to reform the telecoms sector and raise money for stretched government finances.
The country's three existing mobile phone operators - Orange, Vodafone and Etisalat - initially all turned down the 4G licences saying the amount of spectrum on offer was not sufficient to allow them to offer the service efficiently. (Reporting by Asma Alsharif; Editing by Hugh Lawson)
* Penalty is largest FTC has ever imposed for violating an order