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OTMT

OTMT

OTMT pays 1.05 Egyptian pounds dividend after Mobinil sale

OTMT 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 5:45
 
Egypt Regulator Clears France Telecom's Mobinil Offer

Egypt Regulator Clears France Telecom's Mobinil Offer

Egypt's financial market regulator EFSA said on Sunday that France Telecom can go ahead with a tender offer for a stake in mobile operator Mobinil held by local shareholder Orascom Telecom Media and Technology (OTMT).

April 23, 2012 9:13
 
France Telecom Finalises Terms of Mobinil Buyout

France Telecom Finalises Terms of Mobinil Buyout

Tender offer price remains 202.5 Egypt pounds/ECMS share; Egyptian owner Sawiris to sell most of his stake; OTMT remains in Mobinil via voting rights, board seats; Egypt regulator sees response next week

April 12, 2012 3:18
 
Egypt Telecom tycoon Sawiris eyes new horizons

Egypt Telecom tycoon Sawiris eyes new horizons

Egyptian telecoms magnate Naguib Sawiris wants to get back on the acquisition trail, eyeing businesses in Europe, the Middle East and Africa after selling a chunk of assets to Russia's Vimpelcom.

February 7, 2012 3:27