Egypt’s Global Telecom announces Successful Closing of Algeria Transaction
Egypt’s Global Telecom Holding (GTH) has successively completed the sale of its 51% interest in Omnium Telecom…
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Djezzy
Global Telecom to sell Djezzy Majority Stake for $2.6 billion
Egypt's Global Telecom (GTH) will sell a 51 percent stake in Djezzy for $2.6 billion while keeping operational…
HC Sets Fair Price for Djezzy Deal at $2.5bn, 4% Lower than Offer
Financial adviser HC Securities has estimated Thursday the fair price for a 51% stake of Global Telecom Holding's…
Egypt’s Global Telecom Books in Cost of Algerian Settlement
Egypt's Global Telecom has restated its results for last year, increasing its net loss to 20 billion Egyptian…
Egyptian Shares End Higher, Gain EGP7bn
Egypt’s stock market ended higher on Tuesday with gains totalling around 7 billion Egyptian pounds powered by local…
Vimpelcom Resolves Algeria Row with $2.6 bln Stake Sale
Russia's Vimpelcom has resolved a long-running dispute with the Algerian government by selling it a majority stake…
Global Telecom’s Djezzy Receives Final Approval for 3G License
Algerian telecoms watchdog the Autorite de Regulation de la Poste et des Telecoms (ARPT) has published the 3G…
Sawiris’ Global Telecom Q3/13 Net Profits Dip To $46 mln
Global Telecom Holding S.A.E. (GTH) – (GTHE.CA) (Previously Orascom Telecom Holding S.A.E.) a…
Orascom Telecom Algerie Awarded 3G License
Global Telecom Holding S.A.E. (“Global Telecom” or “GTH”) (GTHE.CA) announced that its Algerian subsidiary Orascom…
Egypt Shares Gain EGP9.4 bln in Week on Interest Rate Cut
In a week, Egypt bourse has managed to gain EGP 9.4 billion backed by the Egyptian central bank’s decision to cut…
Orascom Telecom denies ending Djezzy’s dispute in 2014
Orascom Telecom (ORTE) denied media reports about ending Djezzy’s, its unit in Algeria, in the second half of 2014.…
Mobilis, Nedjma, Djezzy Approved for 3G Auction in Algeria
Algeria’s telecoms watchdog the Regulatory Authority for Post and Telecommunications (ARPT) held a public bid…
Sawiris Sues Algeria to Compensate Losses Hit Djezzy Due to Tax Correction
Egyptian tycoon Naguib Sawiris, Chairman of Orascom Telecom Media & Technology Holding (OTMT.CA), has filed a…
Orascom Telecom Incurs $28 mln Loss During Q2/13
Orascom Telecom Holding S.A.E. (‘OTH’, or ‘the Group’) (ORTE.CA), a leading provider of mobile telecommunications…
Orascom Telecom: Technical Defect Raises Djezzy Subscribers to 1.4 mln
Orascom Telecom (ORTE.CA) announced that it discovered a technical defect in Orascom Telecom Algeria’s (Djezzy)…
Amid Mostly Red Performance, Egypt’s Benchmark Falls 1.56% In Week
In a week that witnessed mostly red performance, Egypt bourse has incurred losses of around EGP 4 billion. The…
Orascom Telecom Closer To Delisting After Stock Tender-Sources
Egypt's Orascom Telecom (OTH) (ORTE.CA) is closer to being delisted, sources said on Friday, after holders of…
Egypt’s Orascom Says Not Party In VimpelCom-Algeria Talks Over Djezzy
Orascom Telecom Holding (ORTE.CA) announced that it didn’t informed about stoppage of negotiations between Russian…
Sources: Algeria’s Talks With VimpelCom Over Djezzy Stopped
The long-standing negotiations between Russia’s VimpelCom and the Algerian authorities over the acquisition of…
Vimpelcom Plans To Delist Orascom Stock-Sources
Emerging markets telecoms group Vimpelcom wants to delist Cairo-based subsidiary Orascom Telecom Holding (OTH)…
Vimpelcom Plans To Delist Orascom Stock
Emerging markets telecoms group Vimpelcom wants to delist Cairo-based subsidiary Orascom Telecom Holding (OTH) from…
Egypt’s Orascom Telecom Says Turns Down Altimo’s Offer
Egyptian group Orascom Telecom Holding's management has recommended shareholders reject an offer by a subsidiary of…
Algeria Seeks New Valuation For Vimpelcom’s Djezzy – Source
The Algerian government will seek a new valuation for VimpelCom's local mobile phone unit Djezzy before acquiring…
Sawiris’ Orascom Telecom Rebuts New Firm Launch To Run Djezzy
Orascom Telecom Holding – OTH (ORTE.CA) - has refuted news about plans to form a new firm to run its unit…
Orascom Telecom Bid Fails To Buoy Disillusioned Egypt Market
A buyout offer for Orascom Telecom Holding (ORTE.CA), Egypt's second-largest listed company, failed to buoy a…
Orascom Telecom Denies Sawiris Bid to Buy Wind Mobile shares
In a release sent to the Egyptian Exchange on Sunday, Orascom Telecom Holding (OTH) - (ORTE.CA) confirmed that it…
Algeria Lifts Sanctions On Djezzy GSM
Algeria’s government moved to lift the sanctions imposed on Orascom Telecom Algeria (OTA) popularly known as Djezzy…
Algeria Allows Djezzy To Transfer Profits Abroad, Import SIMs & Equipment
The Algerian Government decided to lift sanctions over mobile operator Djezzy which would allow the company to…
Orascom Telecom’s Int’l Arbitration Over Djezzy Still Ongoing
Orascom Telecom Holding - OTH (ORTE.CA) has confirmed on Wednesday that the work on the international arbitration…
EGX 30 Ends 0.03% Up, Orascom Telecom Climbs 1.63% Amid Trading Resumption
The Egyptian Exchange (EGX) has ended Tuesday’s session posting humble gains of EGP 50 million paring the midday…
Orascom Telecom Says Not Party In Ongoing Talks Over Djezzy, Stock Resumes Trading
In reply to the inquiries of the Egyptian Exchange (EGX), Orascom Telecom Holding (OTH) (ORTE) sent a release…
EGX 30 Sinks Again 2.25% In Week Driven By Political Instability
In a week, the Egyptian Exchange has incurred losses of EGP 6.9 billion driven by the country’s unstable political…
OT Says Not Part In Vimpelcom, Algeria Talks Over Djezzy
Orascom Telecom Holding (ORTE.CA) announced later on Thursday that it is not part in the ongoing talks between…
EGX 30 Ends This Week 1.95% Up Powered By Dispute End Optimisms
The Egyptian Exchange (EGX) has ended this week posting gains of EGP 4.27 billion backed by foreign buyers amid the…
VimpelCom, Algeria Say To End Dispute Over Djezzy Next Week -Paper
An agreement is about to be signed within the upcoming week between VimpelCom Ltd. (VIP) and the Algerian…
Orascom Telecom Q4/12 Net Loss Hits US$474 Mln
Orascom Telecom Holding S.A.E. (‘OTH’, or ‘the Group’) (ORTE.CA), a leading provider of mobile telecommunications…
OCI’s GDRs Offer To Hasten Demerger Process, Beneficial To Egypt Economy; Naeem
Naeem stated, in a recent report that, it sees Orascom Construction Industries (OCI)’s (OCIC.CA) move to…
Sawiris’ Orascom Telecom Denies Launching Firm To Run Djezzy Under Algerian Control
Orascom Telecom Holding – recently branded as ‘Global Telecom Company’ (ORTE.CA) - has refuted news about the…
Naeem Ups Orascom Telecom’s FV To $4.45, Recommends ‘Buy’
In a recent research conducted by Naeem Holding, the fair value of Orascom Telecom Holding (ORTE.CA) was…
Naeem Ups Orascom Telecom’s FV To $4.45, Recommends ‘Buy’
In a recent research conducted by Naeem Holding, the fair value of Orascom Telecom Holding (ORTE.CA) was…