EgyptRSS

Vodafone Egypt outsources to Ericsson

Ericsson has scored another managed services deal

Vodafone Egypt has signed up Ericsson as its first outsourcing partner, under a three year managed services agreement, to deliver network field maintenance services and improve the quality of its network in the greater Cairo area.

Canadian government blocks operator sale over “security concerns”

The Canadian government has blocked the sale of MTS Allstream to Accelero Capital Holdings

The Canadian Federal Government has blocked the sale of Manitoba Telecom Services’ (MTS) business division, MTS Allstream, to Egyptian investment group Accelero Capital Holdings.

Altimo makes a play for Orascom Telecom Holding

Altimo has made a bid to own all shares in Egyptian counterpart Orascom Telecom Holding

Russian operator group Altimo has made a bid to acquire all shares in Egyptian counterpart Orascom Telecom Holding (OTH). The firm made an offer via the Egyptian Stock Exchange, and OTH said it learned about the offer through a notice published by Egypt’s Financial Supervisory Authority (EFSA).

France Telecom increases stake in Egypt’s Mobinil

France Telecom buys the majority of billionaire Sawiris' stake in Mobinil

France Telecom has agreed to buy the majority of the personal stake owned by Egyptian billionaire Naguib Sawiris in Mobinil. Sawiris is executive chairman of Orascom Telecom, which maintains a stake in the mobile operator.

France Telecom and Orascom settle Egyptian dispute

The dispute over Egypt's leading mobile player has been running for several years

The Egyptian Government has brokered a deal between France Telecom and Egyptian entrepreneur Naguib Sawiris’ operator Orascom Telecom that will see the two firms remain partners in leading Egyptian carrier EMCS, which operates under the brand Mobinil

France Telecom gains approval for Egyptian purchase

Regulatory approval allows France Telecom to consolidate its position in Egypt

Egypt’s financial regulator has granted approval for the purchase of the stake it doesn’t already own in the country’s leading carrier Mobinil by France Telecom’s Orange. For some time the deal has been the subject of a spat between France Telecom and Mobinil’s other principal shareholder, Egyptian player Orascom Telecom.

Orascom reshuffles top brass

Khaled Bichara will become CEO of Orascom

Egyptian carrier Orascom Telecom announced a shake up of its leadership team, promoting chief operating officer Khaled Bichara to the position of group chief executive officer.

Orascom drops proceedings over Mobinil

Orascom drops proceedings over Mobinil

Egyptian carrier Orascom Telecom said Sunday that it has dropped court proceedings against France Telecom over the long running spat involving Egyptian mobile operator Mobinil.

France Telecom takes bigger stake in Mobinil

France Telecom takes bigger stake in Mobinil

European carrier France Telecom said Sunday that it has secured commitments from minority shareholders to acquire yet more of leading Egyptian mobile operator Mobinil.

Orascom rejects Mobinil buyout again

Orascom rejects Mobinil buyout again

Egyptian carrier Orascom Telecom has rejected yet again an offer from France Telecom to buy out minority shareholders in leading Egyptian mobile operator Mobinil.

Ownership dispute over Egyptian carrier escalates

Ownership dispute over Mobinil escalates

The struggle for control of Egyptian mobile carrier Mobinil became more heated over the weekend after Orascom failed to transfer its holding in the company to France Telecom.

France Telecom takes over Mobinil

France Telecom takes over Mobinil

France Telecom has taken full control of Egyptian mobile carrier Mobinil, after settling a lengthy legal dispute with local operator Orascom Telecom and shelling out Eur530m for Orascom’s holding in Mobinil.

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