Orascom Telecom (OT)

Orascom Construction Industries acquitted of Tax Evasion
Business

Orascom Construction Industries acquitted of Tax Evasion

OCI NV announced today that the Egyptian Public Prosecutor has fully exonerated the Company’s Egyptian subsidiary, Orascom Construction Industries SAE…
Egypt’s Orascom Telecom renews Bangladesh license
Business

Egypt’s Orascom Telecom renews Bangladesh license

Egypt's telecom giant Orascom Telecom Holding says its Bangladeshi subsidiary Banglalink has been approved a 15-year license to continue operating…
Algeria says it has not yet received Djezzy valuation
Business

Algeria says it has not yet received Djezzy valuation

Algeria's telecom ministry has not received a valuation of Orascom Telecom's mobile unit Djezzy, its single biggest source of revenue…
Orascom: Little progress yet on Djezzy row
Business

Orascom: Little progress yet on Djezzy row

Orascom Telecom has made scant progress resolving its row with Algeria but a solution may be more likely now, its…
Sawiris to step down as Orascom Telecom chairman
Business

Sawiris to step down as Orascom Telecom chairman

Egyptian mobile operator Orascom Telecom's CEO will take over from Naguib Sawiris as executive chairman, the firm said on Monday,…
Mobinil says lost US$14-17 mln during protests
Business

Mobinil says lost US$14-17 mln during protests

Egyptian mobile operator Mobinil said on Monday it had lost around 80-100 million Egyptian pounds (US$14-17 million) during the protests…
Wind’s Sawiris sees Vimpelcom deal going through
Business

Wind’s Sawiris sees Vimpelcom deal going through

Sharm el-Sheikh--Russian operator Vimpelcom's deal to buy telecoms assets from Egyptian billionaire Naguib Sawiris has "a very big chance" of…
Russia’s Vimpelcom backs new Egypt telecoms deal
Business

Russia’s Vimpelcom backs new Egypt telecoms deal

Moscow--A deal for one of the world's largest mobile phone carriers moved a step closer Monday when Russia's Vimpelcom overrode…
VimpelCom’s US$6.6 bln Sawiris merger may fail on shareholder opposition
Business

VimpelCom’s US$6.6 bln Sawiris merger may fail on shareholder opposition

Moscow--Vimpelcom's US$6.6 billion bid for telecoms assets owned by Weather Investments received a major setback on Monday when Norwegian shareholder…
Vimpelcom close to mandating US$4 bln loan
Business

Vimpelcom close to mandating US$4 bln loan

London--Russian telecom Vimpelcom is expected to mandate banks imminently to arrange a US$4 billion loan to part finance its US$6.6…
Back to top button