Orascom Telecom may seek an opportunity of owning a bank in Pakistan, reported Total Telecom, citing Naguib Sawiris, Executive Chairman,… Read More
Orascom Posts Higher Profit, Mobilink's Revenues Remain Stable
Orascom Telecom has reported its third-quarter net income more than doubled as customer numbers climbed. Orascom Telecom posted a net… Read More
Khaled Bichara Becomes CEO, Orascom, Sawiris Becomes Executive Chairman
Orascom Telecom Holding (OTH) has announced the restructuring of its organization, as Mr. Khaled Bichara becomes Group Chief Executive Officer… Read More
Orascom Eyeing Small Acquisitions, but won’t Sell any Subsidiary
Orascom Telecom is looking at “small” acquisitions and not deals worth billions of dollars, said Naguib Sawiris, Chairman and CEO of… Read More
5 Companies Bid for Link Egypt, LDN Pakistan Not Included in Package
Mobinil, Telecom Egypt and Vodafone Egypt have submitted their respective bids to acquire Link Egypt, Broadband unit of Orascom Telecom.… Read More
Orascom Posts 66 % Drop in Net Profits for Q1 – 2009
Orascom Telecom posted a 66 percent drop in first quarter net profit to $72 million. Orascom, headed by Egyptian billionaire… Read More
Orascom to Cut Costs by 10 Percent This Year
Orascom Telecom will spend this year cutting costs and focusing its investments into new networks in Africa, Canada and North… Read More
Orascom Telecom considers France Telecom Deal null & void
The Egyptian operator Orascom Telecom deeming the deal of selling the part of shares in MobiNil to France Telecom as… Read More
Orascom Full Year Profit Down 76% on One-Off Items
Orascom Telecom Holding (OTH) has reported a 76 drop in full-year net profit to US$431 million, after one-off gains a… Read More
Orascom Telecom Debt Ratings Lowered on Weaker Growth in Pakistan, Bangladesh
Standard & Poor’s Ratings Services has lowered its long-term corporate credit ratings on Orascom Telecom Holdings and Orascom Telecom Finance… Read More
Orascom to Hold Further Investments in Pakistan
We have been seeing Mobilink losing customers in recent months, hence the revenues too, resultantly; the impact can be felt… Read More
Vodafone to Partially Acquire Mobilink – Seems Happening
Pakistan Mobile Communication Limited has requested Pakistan Telecommunication Limited to transfer licenses of its affiliated companies that includes, Dancom Online,… Read More