![](https://amayei.nyc3.digitaloceanspaces.com/2018/09/217788_0.jpg)
Global Telecom, the Egypt-based group formerly called Orascom Telecom, reported a 2014 loss of LE3.2 billion ($419.40 million), the company said in a statement on Wednesday.
Global Telecom, which is 51.9 percent owned by Russia's Vimpelcom, posted a loss of 20 billion Egyptian pounds in the previous year.