Egypt's government has decided to suspend the sale of a stake in state-controlled Telecom Egypt because of market conditions, three sources close to the matter said.
Telecom Egypt said on March 7 that the government had started to consider a sale of an additional stake in the company. Sources had previously told Reuters the company was seeking to sell a 10% stake.
Government officials declined to comment and Telecom Egypt officials were not immediately available for comment.
(Reporting by Hadeel Al Sayegh, Patrick Werr and Momen Saeed Atallah Writing by Aidan Lewis Editing by David Goodman )