Russia’s Vimpelcom has resolved a long-running dispute with the Algerian government by selling it a majority stake …
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Mikhail Fridman
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Orascom Telecom Holding SAE (ORTE) rose to the highest level in more than four years after a …
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Tech news
Russia’s Fridman Faces Africa Setback After Bid For Egypt Orascom Failed
by Yomna Yasserby Yomna YasserRussian billionaire Mikhail Fridman suffered a second setback this year for an effort to expand his telecommunications empire …
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Emerging markets telecoms group Vimpelcom wants to delist Cairo-based subsidiary Orascom Telecom Holding (OTH) (ORTE.CA) from the Egyptian …
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Tech news
Egypt’s Orascom Telecom Shares Rise On Hopes Of Better Buyout Offer
by Yomna Yasserby Yomna YasserEgypt’s Orascom Telecom (OT) (ORTE) helped lift Cairo’s bourse the Egyptian Exchange on Wednesday after the company’s …
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Egyptian group Orascom Telecom Holding’s management has recommended shareholders reject an offer by a subsidiary of Russian …
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A law that will cancel a 10 percent acquisitions tax in Egypt will be announced before Altimo’s …
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Russian billionaire Mikhail Fridman’s Altimo on Tuesday confirmed that a subsidiary has offered to buy 100 percent …
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A buyout offer for Orascom Telecom Holding (ORTE.CA), Egypt’s second-largest listed company, failed to buoy a sinking …
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Telecoms firm Telenor will purchase another 3.5 percent of Vimpelcom after Egyptian tycoon Naguib Sawiris’ Weather Investments …