Telenor Group, in a latest development, has bought 234,000,000 VimpelCom preferred shares from Weather Investments for US$374,400,000, to increase its voting… Read More
Exclusive: Mobilink Buys Waseela Bank to Offer Mobile Banking Services
Orascom Telecom has reportedly bought a license for microfinance bank to start offering branchless mobile banking services in Pakistan under… Read More
Transword Associates to Upgrade Undersea Cable
Transword Associates, a private fiber optic cable operator in Pakistan, in collaboration with TE SubCom has planned to upgrade TW1… Read More
VimpelCom-Orascom Merger Gets Approval
Russia’s VimpelCom has announced that its shareholders today approved the previously announced merger of VimpelCom and Orascom Telecom of Wind… Read More
Telenor Fails to Block VimpelCom-Orascom Merger
As a result of English Commercial court ruling, Telenor failed to block a shareholders meeting due on March 17th to… Read More
Telenor Decides to Give VimpelCom a Legal Fight
VimpelCom announced today that it received a notice of arbitration from Telenor, against proposed 6 billion dollar deal deal with… Read More
VimpelCom Board Locks Orascom Deal, Ignoring Telenor Opposition
VimpelCom Ltd.’s board has approved the purchase of Egyptian billionaire Naguib Sawiris’ telecom assets for revised USD 6.5 billion merger… Read More
Telenor Opposes Vimplecom/Orascom Deal
Telenor has long expressed its concerns over the expected Vimplecom/Orascom transaction, however, today the group has formally communicated its reservations… Read More
Mobilink Foundation to Get SMS, Online Donations
Orascom Telecom, the parent company of Mobilink and Obopay, the mobile money solutions pioneer, have partnered to establish a text-to-donate… Read More
Russia’s VimpelCom Confirms Merger with Orascom [Updated]
Russia’s VimpleCom has reportedly offered a lucrative sum, said to be as high as USD 6.8 billion, to Naguib Sawiris… Read More
Orascom Campaigns to Raise Funds for Pakistani Floods
Orascom Telecom, the parent company of Mobilink, is leading a fundraising campaign in its native Egypt for Pakistani flood victims,… Read More
Mobilink Posted Strong Revenues in H1 2010
Mobilink has posted strong revenues, higher EBITDA and increasing subscriber base in the first half of 2010 as compared to… Read More