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Algeria’s government moved to lift the sanctions imposed on Orascom Telecom Algeria (OTA) popularly known as Djezzy GSM the Algerian branch of Orascom Telecom Holding (ORTE.CA), allowing it to begin purchasing and importing new technology and equipment, in addition to granting it the right to convert its profits, according to Algerian newspaper Al-Fajr.
The decision was made after the intervention of the Algerian Prime Minister Abd Al-Malek Salal, who received a total of 10 reports from different state bodies analyzing the situation, Daily News Egypt reported.
