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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
 
Zain Saudi Q1 Net Loss Narrows By 21 Percent

Zain Saudi Q1 Net Loss Narrows By 21 Percent

Zain Saudi said its first quarter loss narrowed by 21 percent from a year earlier due to lower operating costs, in line with analyst expectations.

April 17, 2012 3:38
 
UAE’s Etisalat eyes $700M from sale of XL Axiata stake

UAE’s Etisalat eyes $700M from sale of XL Axiata stake

UAE telecom operator Etisalat plans to sell its entire 13.29 percent stake in Indonesia's No.3 phone firm PT XL Axiata, to raise between $600 to $700 million this year, sources said on Tuesday.

March 13, 2012 1:52
 
Saudi Telecom's home boom may trim foreign ambitions

Saudi Telecom's home boom may trim foreign ambitions

Saudi Telecom Co's (STC) rising domestic revenue, halting a downward trend for the former monopoly, may lead it to slow its overseas push where it faces a tougher operating environment and limited buying opportunities.

March 8, 2012 3:27
 
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