mobinil

France Telecom buys service contract from Egyptian partner
Business

France Telecom buys service contract from Egyptian partner

France Telecom will pay Egyptian partner Orascom Telecom Media and Technology (OTMT) 110 million euros (US$142.30 million) for taking over…
Is the government trying to tap into the lucrative mobile phone industry?
Business

Is the government trying to tap into the lucrative mobile phone industry?

With a mobile phone in the hands of nearly every Egyptian and three large companies vying to provide customers with…
Mobinil executive: State attempting to monopolize market
Business

Mobinil executive: State attempting to monopolize market

The deputy chairman of Egyptian mobile service provider Mobinil, Ashraf Halim, has criticized the Egyptian government for plans to directly…
France Telecom acquires 94% of Egypt’s Mobinil
Business

France Telecom acquires 94% of Egypt’s Mobinil

France Telecom acquired 94 percent of Egyptian mobile phone company Mobinil in a tender offer, Egypt's stock exchange said on…
Mobile operators prepare for increased activity during election
Egypt

Mobile operators prepare for increased activity during election

Egypt’s three mobile phone operators announced the adoption of technical precautions they would take Wednesday to handle an expected increase…
Egypt regulator clears France Telecom’s Mobinil offer
Business

Egypt regulator clears France Telecom’s Mobinil offer

Egypt's financial market regulator EFSA said on Sunday that France Telecom can go ahead with a tender offer for a…
Amid looming France Telecom buyout, stock exchange suspends trading of Mobinil and OTMT shares
Business

Amid looming France Telecom buyout, stock exchange suspends trading of Mobinil and OTMT shares

The Egyptian Stock Exchange has suspended trading of shares of mobile operator Mobinil and Orascom Telecom Media and Technology (OTMT)…
France Telecom finalizes terms of Mobinil buyout
Business

France Telecom finalizes terms of Mobinil buyout

PARIS/CAIRO — France Telecom has finalized a deal to buy most of its partner's stake in Egyptian mobile operator Mobinil…
New mobile rules would only affect new entrants, official says
Business

New mobile rules would only affect new entrants, official says

Proposed amendments to an Egyptian law requiring mobile telecom operators to give a percentage of their shares to citizens would…
Mobile phone subscriptions up 18% in 2011
Business

Mobile phone subscriptions up 18% in 2011

The number of mobile phone subscriptions in Egypt rose 18 percent to 83.43 million last year, shrugging off an economic…
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