UPDATE 1-Egypt tycoon to buy MTS fiber network in new Canada push
May 24, 2013 at 11:10 AM EDT
TORONTO, May 24 (Reuters) - Manitoba Telecom Services Inc will sell its Allstream fiber optic network to a company controlled by telecom tycoon Naguib Sawiris for C$520 million ($502.8 million), a deal that signals the Egyptian billionaire is still keen on the Canadian market.
