Orascom Telecom (OT)

Qtel Chairman: Tunisiana deal finalization may be answer to Djezzy problem
Business

Qtel Chairman: Tunisiana deal finalization may be answer to Djezzy problem

The Qatari Qtel Group finalized its arrangements with Orascom Telecom Holding (OT) to acquire the latter’s final remaining shares in…
Orascom Telecom sees 400-percent surge in N. Korea mobile business
Business

Orascom Telecom sees 400-percent surge in N. Korea mobile business

Mobile phone service subscriptions in Orascom Telecom's North Korean joint venture climbed over 400 per cent in the 12-month period…
Vimpelcom seeks loan to buy OT, Wind
Business

Vimpelcom seeks loan to buy OT, Wind

Russian mobile operator Vimpelcom is trying to secure a US$4 billion loan in order to fund a merger with the…
Algeria says old Orascom Tel venture owes US$400,000
Business

Algeria says old Orascom Tel venture owes US$400,000

Algiers--Orascom Telecom, locked in a bitter dispute with Algeria, owes the government there US$400,000 in debts left over from a…
Sawiris to take break from business, shift focus to charity work
Business

Sawiris to take break from business, shift focus to charity work

Egyptian business tycoon Naguib Sawiris on Sunday said that, after nearly 35 years of wheeling and dealing, he planned to…
Sawiris to found new company for assets excluded from recent merger
Business

Sawiris to found new company for assets excluded from recent merger

Naguib Sawiris, chairman of Orascom Telecom (OT) and CEO of Weather Investments, has announced plans to establish a new company…
Orascom, VimpelCom, agree to combine phone operations
Business

Orascom, VimpelCom, agree to combine phone operations

Amsterdam--VimpelCom Ltd., Russia’s second- largest mobile-phone operator, and Egyptian billionaire Naguib Sawiris agreed to merge their phone assets in a…
Egypt exchange halts trading in Orascom Telecom
Business

Egypt exchange halts trading in Orascom Telecom

Trading in mobile phone service provider Orascom Telecom's shares was halted on the Egyptian stock exchange Monday as the bourse…
Algiers halts evaluation of Djezzy, Orascom Telecom shares rise
Business

Algiers halts evaluation of Djezzy, Orascom Telecom shares rise

Shares in Egypt's blue-chip Orascom Telecom (OT) rose on the local stock market on Sunday after it emerged that the…
Orascom Algeria CEO questioned by police
Business

Orascom Algeria CEO questioned by police

Egyptian mobile firm Orascom Telecom said on Wednesday its Algerian unit's chief executive had been called in by police for…
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