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Orascom Telecom Media and Technology said on Sunday it was in talks with France Telecom over a potential change in ownership structure at Egyptian joint venture Mobinil, hours after shares in both Orascom and Mobinil were suspended.
February 13, 2012 2:11
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
Saudi Arabia may cut call-termination rates for telecom operators in 2013, the chief executive of Etihad Etisalat (Mobily) told Reuters, in a move that would spur increased competition in the Kingdom.
January 25, 2012 2:05
Sawiris sees opportunities even in Algeria; May raise Telekom Austria stake to 25 percent; Says "fed up" after politically difficult year
January 24, 2012 1:49
Saudi Telecom Co saw its fourth-quarter net profit edge down 0.3 percent as foreign currency losses hit its annual income, but the operator still beat forecasts.
January 19, 2012 2:37
Qtel eyeing Merchant Bridge's 19-pct stake in Asiacell; Morgan Stanley advising Qtel, C.Suisse assisting MerchantBridge; Sale likely before IPO; Asiacell is Iraq's No.2 mobile operator
January 19, 2012 2:23Chairman Khaled Bichara is due to step down at yearend. Orascom has recently reported a net loss of $975 million for Q3 from a profit a year earlier.
November 14, 2011 1:26Focus of acquisitions in Middle East; Broadband growth in double digit next year
October 24, 2011 6:39Etisalat says affiliate will contest charges; UAE firm bought stake in Indian affiliate after 2G licence award
October 23, 2011 2:52Net income falls further than analysts had forecast; Voice, Internet revenue slip from earlier quarter;Company says some services disrupted by cable theft
August 15, 2011 3:41
The number of mobile phone subscriptions in Egypt rose to 74.77 million in May, up 28 percent year-on-year, government figures showed on Saturday.
August 6, 2011 2:33
Nawras CEO Ross Cormack talks about combating dropping mobile subscriber numbers and focusing on broadband technology to drive growth.
May 11, 2011 5:13
STC yet to hear about date for next stage of auction; Syria unrest delays licence winner announcement
May 9, 2011 3:45Employee managed to steal $7 million from UAE telecoms operator because of ‘flaws in the salary system.’
May 26, 2010 3:18The telecom operator hopes to make $5 billion after repaying its liabilities.
February 16, 2010 4:57
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Last year, the German carrier posted its first annual profit since 2007.
May 16, 2013 10:54
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
