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حسام السعيد 03-22-2014 02:39 PM

Telecom Egypt is preparing for notebook
 

News published on Saturday , March 22, 2014

Said te , The Extraordinary General Assembly of Telecom Egypt unanimously proposed amendments to some articles of the Statute, including aims to bring more governance rules , including documentation of the role of the Chief Executive and his powers as president of the company and its legal representative and a member of the Board of Directors.

The Cabinet had approved a plan to develop telecommunications services and the application of the regulatory framework for licensing uniform .

The chief executive of a National Telecommunication Regulatory Authority 's "seventh day" Earlier , it preliminary approval , and that license will be issued consolidated up to three months.

The company explained in a statement on Saturday, that these amendments came in the framework of the company was willing to become a telecommunications operator integrated , and the required changes in the methods of management , and operation of the company at the organizational and administrative and technical and trade to allow executive management more flexibility and speed in decision important executive decisions in a timely manner.

Said Mohamed Nawawy , Managing Director and Chief Executive of the company, " I have a proposal to limit the duration Chief Executive for a period of renewed once, and the Assembly's adoption of this text opens the door to the study of the application of this principle for the senior management of the company ."

The Nawawy that amendments to the theme What is only the first step will be followed by further amendments to the regulations the company's internal relating to procurement , personnel and business operations , pointing out that the approval of shareholders of the company unanimously approved the proposed amendments represent an important step towards achieving the company's goal to become a telecommunications operator integrated , stressing the readiness of the company's technical and business to take this promising step forward .

Nawawy confirmed that board members who are all equal in turn supreme authority of the Company jointly and co-founders of modern governance frameworks that worthy of a major company as the company Telecom Egypt , which dates back nearly 160 years .

محمدعبد العال 04-19-2014 10:48 AM

رد: Telecom Egypt is preparing for notebook
 
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