Orascom Telecom (OT)
Orascom Construction Industries acquitted of Tax Evasion
Business
March 4, 2014
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
September 26, 2011
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
September 20, 2011
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
May 22, 2011
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
May 17, 2011
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
February 28, 2011
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
January 18, 2011
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
January 17, 2011
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
December 20, 2010
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
December 4, 2010
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…