Egyptian tycoon Naguib Sawiris, whose family controls the sprawling Orascom corporate empire, says he and his brothers …
Orascom telecom
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Tech news
Orascom Telecom: Technical Defect Raises Djezzy Subscribers to 1.4 mln
by Yomna Yasserby Yomna YasserOrascom Telecom (ORTE.CA) announced that it discovered a technical defect in Orascom Telecom Algeria’s (Djezzy) information systems, …
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A subsidiary of European telecoms company Vimpelcom Ltd has withdrawn its bid to take control of Canada’s …
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Tech news
Oracom Telecom Unveils Ongoing Talks Over License Renewal In Zimbabwe
by Yomna Yasserby Yomna YasserOrascom Telecom Holding (ORTE.CA) announced that the company is conducting talks over terms and conditions of license …
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Tech news
Russia’s Altimo Says Has No Plan For New Orascom Telecom Offer
by Yomna Yasserby Yomna YasserRussian firm Altimo said on Sunday it had no plans to launch a new offer to buy …
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EGX
Egypt Bourse Opens OPR Market To Withdraw Orascom Telecom Sell Orders
by Yomna Yasserby Yomna YasserThe Egyptian Exchange (EGX) has opened the OPR market to allow the withdrawal of sell orders placed …
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Tech news
Egypt’s Regulator Turns Down Cypriot Bid For 16% Of Orascom Telecom Shares
by Yomna Yasserby Yomna YasserEgypt’s financial regulator announced on Sunday its rejection of a tender offer submitted by Cyprus-based Baskindale for …
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Tech news
Altimo Subsidiary Fails In Bid For Orascom Telecom-Traders
by Yomna Yasserby Yomna YasserAn offer by a subsidiary of Russia’s Altimo to buy out minority shareholders in Egypt’s Orascom Telecom …
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Tech news
Egypt’s Sawiris To Buy MTS Fiber Network In New Canada Push
by Yomna Yasserby Yomna YasserManitoba Telecom Services Inc (MBT.TO: Quote) will sell its Allstream fiber optic network to a company controlled by …
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Tech news
Orascom Telecom Closer To Delisting After Stock Tender-Sources
by Yomna Yasserby Yomna YasserEgypt’s Orascom Telecom (OTH) (ORTE.CA) is closer to being delisted, sources said on Friday, after holders of …