Orascom Telecom

OT agrees not to sell Algeria subsidiary
Business

OT agrees not to sell Algeria subsidiary

Orascom Telecom (OT) said it had agreed to a request by the Algerian government not to sell its Algerian subsidiary,…
Stock exchange ends week slightly lower
Business

Stock exchange ends week slightly lower

The Egyptian stock exchange ended the week of trading slightly lower after a heavy volume of sales by Egyptian and…
Orascom and France Telecom to resolve Mobinil dispute
Business

Orascom and France Telecom to resolve Mobinil dispute

Orascom Telecom and France Telecom held an urgent meeting Wednesday night at the headquarters of the Ministry of Communications and…
Court rejects Mobinil sale to France Telecom
Business

Court rejects Mobinil sale to France Telecom

Egypt's Administrative Court has overturned a decision by the Egyptian Authority for Financial Monitoring to sell the Egyptian Company for…
Algerian pressure may cut Orascom unit’s value
Business

Algerian pressure may cut Orascom unit’s value

Egypt's Orascom Telecom could secure US$6-7 billion if it chooses to sell its Algerian unit Djezzy, but might have to…
Sources: Algeria govt wants Orascom Telecom to leave
Business

Sources: Algeria govt wants Orascom Telecom to leave

Algiers-- The Algerian government wants Egyptian group Orascom Telecom to relinquish its stake in Algeria's number one mobile telephone operator,…
Orascom: LINKdotNET sale contingent on France Telecom negotiations
Business

Orascom: LINKdotNET sale contingent on France Telecom negotiations

Orascom Telecom CEO Khaled Beshara said his company has suspended the sale of its internet provider subsidiary LINKdotNET to MobiNil,…
Investigation into France Telecom’s MobiNil bid to begin next week
Business

Investigation into France Telecom’s MobiNil bid to begin next week

The Egyptian Financial Supervisory Authority (EFSA) will look into a complaint filed by Orascom Telecom against the authority for its…
FT denies seeking new MobiNil partner
Business

FT denies seeking new MobiNil partner

France Telecom (FT) Vice-President for Asia, Africa and the Middle East Hisham el-Alaily denied that his company had plans to replace…
Orascom Telecom declines to sell Mobinil
Business

Orascom Telecom declines to sell Mobinil

Orascom Telecom is refusing to sell its privately held shares in the Egyptian Company for Mobile Services, known as Mobinil,…
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