FINANCIAL NEWS

Egypt Linatel Co.to increase its business size at USD 3.75mn

04 Jan 2016

(MENAFN) Linatel Telecommunications aims to grow its business size to USD 3.75mnn this year, which is a 20 percent increase from the firms’ business size of 2015 at USD 3.00mn.

In addition, Communications Services Division at the Chamber of the Information Technology Industry, showed a study of the Intelligent Transport Project.

Moreover, the idea of the Project is based upon road observation, anticipating the busiest places and offering substitute routes, it will also join a database of all cars.

The Project contributes to the conservation of roads productivity and reduction of gasoline consumption, which will reflect positively on keeping subsidies.

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