Post Tagged with: "orascom"

Orange buys Orascom’s stake in Mobinil for €209.6 mn

Orange buys Orascom’s stake in Mobinil for €209.6 mn

February 23, 2015 at 5:24 pm 0 comments

Orange will purchase all the shares and voting rights held directly or indirectly by Orascom (OTMT) in Egyptian Company for Mobile Services (ECMS) under Mobinil brand name for €209.6 million. ECMS operates under the Mobinil brand and is one of Egypt’s leading mobile telecom providers. This transaction will be completedRead More

Telecel Zimbabwe renews 2G/3G license

Telecel Zimbabwe renews 2G/3G license

August 8, 2013 at 3:52 pm 0 comments

Orascom Telecom Holding has announced that its indirectly held Zimbabwean subsidiary, Telecel Zimbabwe (Private) Limited, has reached an agreement with the government of Zimbabwe to renew its 2G/3G license in Zimbabwe for twenty years for $137.5 million. Ahmed Abou Doma, CEO, Orascom Telecom Holding said, “I am very glad thatRead More