Mobinil hopes for profit in 2013
Egypt's financial regulator earlier this year approved a tender offer by France Telecom that would cement its control over Mobinil.
November 9, 2012 9:54Register for our free newsletter
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Egypt's financial regulator earlier this year approved a tender offer by France Telecom that would cement its control over Mobinil.
November 9, 2012 9:54OTMT was formed in November from assets controlled by Egyptian businessman Naguib Sawiris after he sold most of his global telecom interests to Russia's Vimpelcom.
June 12, 2012 5:45France Telecom acquired 94 percent of Egyptian mobile phone company Mobinil in a tender offer, Egypt's stock exchange said on Sunday, giving the French group control of a top sector player in a volatile but lucrative emerging market.
May 28, 2012 10:46Egyptian mobile firm Mobinil slumped to a first-quarter net loss of 74 million Egyptian pounds ($12.24 million) due to the costs of switching its network to 3G and said its outlook was uncertain because of political volatility.
May 1, 2012 10:12