Tag: Orascom Telecom

Exchange rate, MENA-SCS drive Orascom Telecom to profitability in 2016

Beltone Financial records negative operating profit

Mahmoud Hashem Mahmoud Hashem

Pharos holding closes $20m deal for Meivo International

Cairo based Meivo International sells 51% of its stake to Saudi SPIMACO

Menna Samir Menna Samir

EGP 500m to construct solar powered compound

MCR will run global tender to choose company that will be responsible…

Menna Samir Menna Samir

OTMT records EGP 373.8m net profits, 15% YoY surge

Company’s standalone net profits register EGP 221.5m

Sara Aggour Sara Aggour

Mobinil net losses shrink to EGP 35m

The company registered net losses of EGP 177m in the first three…

Menna Samir Menna Samir

Orascom Telecom’s shareholders turn down buyout bid

Telco’s valuation advisor judges bid as a vast undervaluation

Daily News Egypt Daily News Egypt

Orascom Telecom may follow Orascom Construction Industries

Possibility that telecoms operator will be acquired by Altimo subsidiary

Mohamed Salah Mohamed Salah

Algeria lifts sanctions on Djezzy GSM, allows Orascom Telecom the right to convert profits

Move will allow Djezzy to operate in Algerian market alongside other telecommunications…

Daily News Egypt Daily News Egypt

Orascom Telecom: Our internet cable in Egypt is still unlicensed

Orascom Telecom has confirmed that is yet to reach a final agreement…

Hend El-Behary Hend El-Behary

Vimplelcom plans to give up OTH African units

The Vimpelcom move is reportedly part of a strategy that targets more…

Islam Serour Islam Serour