ArabianBusiness.com - Middle East Business News
Monday, 23 November 2009 05:40 UAE time

YOUR DIRECTORY /

Orascom Telecom Holding

Main Category: Mobile Network Operators
Second Address : Office 2005A, Nile City South Tower, Cornish El Nile Ramlet Beaulac
City : Cairo
Country : Egypt
Phone: 20 2 24615050
Fax: 20 2 24615054
Website: www.orascomtelecom.com


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ALL STORIES LIST


16 firms buy Egypt telco licence bid docs

Firms showing interest include existing operators Mobinil, Vodafone and regional operator Orascom.

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Mobinil says lending restricted by Orascom link

Co. says credit limited by Egypt's central bank as it is viewed as part of Orascom group.

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Orascom won't bid for fourth French 3G licence

UPDATE 2: Owner previously indicated interest in licence to French paper. 

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Weather to buy back 744.6m euros of bonds

UPDATE 2: Move by owner of Orascom Telecom will help Egyptian telco.

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Egypt rejects France Telecom appeal over Mobinil bid

UPDATE 1: Regulator's rejection of telco's offer to buy outstanding Mobinil shares upheld.

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Orascom Telecom eyes Africa, Pakistan growth - CFO

Egyptian telco also says stand-off with Algerian tax authorities soon to be resolved.

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Orascom Telecom Q2 net up, but markets still tough

UPDATE 1: Egyptian mobile telco sees ''only timid signals" of recovery in marrkets.

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Shaping the shield

Orascom Telecom's IT security team is working on everything from a disaster recovery plan to the implementation of a uniform defence policy to move the organisation's protection standard to a higher plane.

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Egypt's Mobinil Q2 net jumps 26%, beats forecasts

UPDATE 2: Egyptian mobile operator adds a further 1.674m customers in Q2.

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Beltone upbeat about Q2 numbers in Egypt

Forecast improved Q2 numbers for Egyptian companies reflect general improvement in business sentiment.

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Orascom to make French bid - report

Egyptian telco may enter French market to bid for 3G license CEO confirms in interview with Le Figaro.

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Vodafone bidding for Orascom net unit

Other contenders for LinkDotNet subsidiary include Telecom Egypt, Mobinil and unnamed financial institutions

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Orascom ends court case against France Telecom

Egyptian and largest mobile phone operator in ME looking to avoid unecessary court costs.

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Egypt's OT says Mobinil row not hurting ops

Orascom chairman claims France Telecom in the 'business of value destruction', however.

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Orascom says no France Telecom reply to talks offer

UPDATE 2: Orascom chief urges Egypt's regulator to release details of FT offer.

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Orascom rejects France Telecom’s latest bid for Mobinil

Orascom Telecom rebuffs latest attempt by France Telecom to gain full control of Mobinil

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France Telecom unit in offer for Egypt's Mobinil

Egypt's regulator says it is studying an obligatory tender offer to buy all of Mobinil's shares.

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Egyptian mobile phone growth to slow - analyst

Growth in subscriber numbers to be hit this year as market approaches saturation.

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Fresh doubts emerge over Orascom deal

Shares in Egyptian mobile firm fall after report that Mobinil stake sale to France Telecom may not go through.

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Egypt Mobinil Q1 net profit down, misses most forecasts

Egyptian mobile telco misses targets as interest charges drive down profitability.

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France Telecom tender offer for ECMS rejected

Egypt’s regulator gives thumbs down, claiming offer unfair to minority shareholders.

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Orascom Telecom ordered to offload shares

Court tells mobile phone operator to sell shares in its Egyptian unit to France Telecom.

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Orascom Telecom plans share buyback

Shares rally on LSE as Egyptian operator seeks approval for share buyback

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Orascom Telecom acquires Namibia’s Cell One

Egyptian operator expands presence in Africa through latest acquisition

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Orascom, Zain to run two Lebanese mobile firms

Telecom majors' deal with MTC Touch and Alfa mobile networks worth $145mn.

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Orascom launches 3G network in North Korea

Subsidiary Koryolink sets target of signing up 5-10% of population

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Orascom Telecom starts mobile services in N. Korea

Largest Arab mobile operator begins first 3G service to cover capital city Pyongyang.

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Orascom Telecom to start in N. Korea

Egyptian firm becomes first mobile operator in hermit state next week, services 'open to everyone'.

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Orascom announces nine-month profit of $345mn

Largest Arab mobile operator by subscriber base says revenue was more than $4bn.

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Exceeding expectations

Reforms in Algeria's telecom sector have led to surging teledensity levels.

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Egypt's Mobinil says Q3 net income up 15%

Quarterly profits rise to $97mn, above forecast, as wrangle with regulator continues.

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Heavy foreign selling hits Egypt stocks

Market heavyweights Orascom Telecom and Orascom Construction Industries lead fall on markets.

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Egypt's Orascom looking at Telekom Austria

Deal possibly structured as merger in which Austrian gov't retains 28% stake, says paper.

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Orascom subscribers pass 77mn mark

Cairo-based mobile phone firm says customers up 31% but net income down by 4%.

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Algeria unveils tighter foreign investor terms

Comments follow president's criticism of foreigners' 'poor management'.

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Orascom joins forces in Canadian deal

Middle East telecom giant joins consortium to deliver new wireless operator covering 26mn people.

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Orascom seeks second share buyback

Egyptian mobile operator applies for buy back of up to 12mn of own shares.

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Subscriber growth at Orascom leads to earnings rise

Regional operator sees 22% increase in revenues

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Ericsson eyes Egypt fixed-line licence

Telecom equipment maker applies for information needed to bid in auction, newspaper reports.

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Orascom Telecom in share buyback

Egyptian mobile operator to purchase some shares from Italian company Weather Investments.

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Orascom to launch mobile banking

New subsidiary to offer m-banking to 70 million customers across seven countries

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Arab technology leaders storm onto list of powerful Arabs

New report on the world's most influential Arabs shows technology specialists in prime positions

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France Telecom in mix for Egypt telecom licence

European telco joins five Arab companies eyeing second fixed-line licence.

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Billionaire Sawiris denies Burj penthouse buy

Egyptian billionaire's office denies report he bought apartment in world's tallest building.

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Sawiris clan rocket up Forbes' rich list

Egypt's Nasser nearly triples net worth in last year to $11bn, father Onsi doubles his net worth.

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NTRA sets out auction for fixed-line licence

Bidders must pay $10,000 for a copy of the license and submit an auction guarantee of 10 million Egyptian pounds ($1.82 million), regulator announces

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Telecom Egypt to lose fixed-line monopoly

National Telecom Regulatory Authority to auction second licence on June 19, report says.

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OTV gets ready for new channel launch with upgrade

Egyptian private satellite television channel OTV - the first to be launched by Middle East telecoms operator, Orascom - recently invested in a NEXIO 3600HDX server with 4.8 TB of storage and supplementary RTX HD systems.

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OTV gets ready for new channel launch with upgrade

Egyptian private satellite television channel OTV - the first to be launched by Middle East telecoms operator, Orascom - recently invested in a NEXIO 3600HDX server with 4.8 TB of storage and supplementary RTX HD systems.

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Orascom wins first N Korea mobile licence

Egyptian operator plans to invest $400mn in infrastructure and licence fees over the next three years.

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Egypt index suffers sharpest single-day decline

Case 30 index tumbles 4.2% as foreign investors worried about global markets, dump Orascom Telecom.

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Mobilink to invest $500 million in 2008

Pakistani operator surpasses 30 million customers after series of investments worth $2.5 billion.

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Orascom Telecom completes HTIL sale

HWL and Yuda Ltd to buy Orascom's remaining stake in HTIL

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Orascom denies imminent sale

Chief executive Naguib Sawiris rubbishes report fourth-largest Arab mobile operator subject of $17bn auction.

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Orascom Telecom up for sale

Egyptian mobile operator may be subject of $17bn bidding war between Europe's big guns, report says.

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Orascom Telecom completes HTIL sale

HWL and Yuda Ltd to buy Orascom's remaining stake in HTIL.

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Orascom sells $622mn of Hutchison shares

Hong Kong's Hutchison Whampoa raise slice of subsidiary Hutchison Telecom to almost 60%.

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Orascom Telecom doubles profit

Egyptian operator sees net income rise 116% to $1.3bn in nine months to end of September as subscribers jump.

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Zain buys Iraqna for $1.2bn

Purchase gives MTC Atheer Iraq customer base of more than seven million as Orascom exits country.

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ICC rules in Tunisiana dispute

An International Chamber of Commerce (ICC) tribunal has ruled in favour of Kuwaiti mobile operator Wataniya in a dispute with Egyptian operator Orascom, concerning their jointly-owned Tunisiana venture.

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Orascom sheds 2% stake in HTIL

Egyptian telecom operator sells further stake in Hong Kong-based Hutchison Telecom

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Empire building

With mobile operations in key markets across the Middle East, Africa and South Asia, and licensed access to a population of some 460 million people, Orascom Telecom, which is part of the Orascom Group of companies, is fast becoming one of the leading mobile operators in the region.

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Orascom to bid for Egypt fixed licence

Operator reveals intentions to compete for country's second fixed-line phone licence, to be sold next year.

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Orascom to buy back 25mn shares

Egyptian telecom planning potential share buyback of up to five million Global Depository Receipts.

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Regional firms are going global

While the world's big telcos talk about emerging market opportunities, operators from ME are going global.

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Orascom unveils Arab search engine

Bilingual search engine means users can now search for Arabic words by typing English characters.

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Egypt's Orascom triples H1 profit

Telecoms operator's first-half income is boosted by the sale of an Indian subsidiary of Hutchison Telecom.

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Egypt shares up on Orascom JV

Surge of foreign buying in Orascom after news of $2.2bn joint venture with Korek Telecom.

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Orascom to form joint venture with Korek

Orascom Telecom agrees to $2.2 billion alliance with Kurdish operator Korek Telecom.

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Paying to remain in a war zone

The award of three long-term mobile licences in Iraq earlier this week is a positive development given the unsteady history of the concessions since their award at the end of 2003.

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Orascom declines continue

Shares of the Egyptian telecom tumble for fourth straight session after withdrawal from Iraq mobile lience bid.

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Orascom says may sell Iraq unit

Egyptian telecom could sell its Iraqna subsidiary after dropping out of race for long-term mobile licence.

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Bidding starts for Iraq mobile licences

UPDATE: Five companies compete for the three 15-year mobile network licences up for grabs.

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Arab telecom giants vie for Iraqi licences

UPDATE 11am: Iraq sets $300mn as the starting price in today's auction of three 15-year mobile licences.

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Orascom appeals loss of licence in Zimbabwe

Egyptian telco asks for extra time to reduce share in subsidiary to 49% after Zimbabwe revokes licence.

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Permanent licensing in Iraq afoot

There have been a series of false dawns with respect to the permanent licensing of mobile operators in Iraq, though it appears that at last concrete moves are being made in this direction.

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Southern giant

South Africa is by far the most significant telecoms market on the continent from the perspective of its domestic market as well as with regards the influence being exercised by at least two of the country’s three operators across Africa. With a penetration rate exceeding 77% at the start of the year, competitive jostling in the domestic market now stands at a new level of intensity.

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Sawiris plans offer for Tellas

Offer buy the rest of Greece's second-largest telecom company will come within the next two weeks, says Egyptian billionaire.

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Licensing regulations overhauled in Iraq

The Iraqi government has introduced new licensing plans for cellular operators, bringing an end to a period of limbo for the country's three main telcos.

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Middle East and Africa's top 10 operators

Top 10 operators account for 44% of subscribers across the region.

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Orascom and MTNL lose their way in Saudi licence bid

Saudi Arabia's Communications and Information Technology Commission (CITC) has short-listed seven bidders for the next stage of the kingdom's process to award a third GSM licence.

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Orascom and MTNL out of the running for Saudi mobile bid

Saudi Arabia’s telco regulator has put through seven of the nine original candidates for its third mobile licence.

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Orascom and MTNL lose their way in Saudi licence bid

Saudi Arabia's Communications and Information Technology Commission (CITC) has short-listed seven bidders to the next stage of the kingdom's process to award a third GSM licence.

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Orascom confirms its interest in Brazil firm

Egyptian telecommunications giant Orascom Telecom is looking at purchasing a 38% stake in South American telco Brazil Telecom Participacoes, it said last week.

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Staying on Top

Pakistan mobile operator Mobilink enjoys a market share of over 50% despite the presence of five other mobile operators in the country. The rapid acceleration in subscriber numbers currently being experienced will not last forever, and Mobilink president and CEO Zouhar Khaliq is already preparing for what he believes is the inevitable consolidation set to take place in the Pakistani mobile market.

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Time for Egypt to conquer Rome

...

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Saudi mobile licence gets nine bidders

The Saudi government has revealed the nine telcos bidding for the Kingdom’s third mobile licence.

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Nine bidders for 3rd Saudi mobile licence

Prince Alwaleed's Kingdom Holding is among those vying for a slice of the Gulf's largest telecom market.

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It's time for Egypt to conquer Rome

The Egyptian mobile operator Orascom is slowly building an empire.

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Orascom amasses $5 billion war chest

Egyptian mobile operator fails to bag India’s Hutchison Essar but cash is ready for new acquistions.

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Tunisiana claims 3 million subscribers

Wataniya International increases stake in Bravo in Saudi Arabia to 47%

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2007 set to be the year for further consolidation

The start of a new year has not diminished the ambitions of the region's mobile operators

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Qtel buys share in firm

Qatar Telecom has acquired a stake in US managed service provider NavLink.

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Saudis opt for multiple connections

Fixed line subscriber growth continues to slow

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Telcos

...

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Assembly point

Despite being a largely under-developed telecoms market, there are a number of operators in Africa that are looking to build super-networks across the continent and benefit from the significant economies of scale. A wave of consolidation has already begun, and is set to rise only further as international interest in acquiring the specialist regional players grows.

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Orascom floats strongly in international waters

Despite market concerns, Middle East and African telecom holding group Orascom managed a fruitful listing on the international stock markets last month.

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Gitex 2009