Orascom Telecom Holding

Type: Company
Name: Orascom Telecom Holding (Orascom Telecom, Orascom Telecom Holding S.A.E)
First reported 3 hours ago - Updated 3 hours ago - 1 reports

Shareholding : Algeria takes 51pc stake In Orascom package

The National Investment Fund (FNI) just signed an agreement for the purchase of a 51% stake in the company Orascom Telecom Algérie (OTA), for an amount of $2.6 billion, the Fund announced on Friday The National Investment Fund (FNI) just signed an agreement ... [Published El Moudjahid - 3 hours ago]
First reported 10 hours ago - Updated 10 hours ago - 1 reports

Vimpelcom resolves Algeria row

Russia’s Vimpelcom has resolved a long-running dispute with the Algerian government by selling it a majority stake in the country’s biggest telecoms operator for $2.6 billion, while it will keep control and slash debt.Orascom Telecom Algeria, also known ... [Published DailyTribune - 10 hours ago]
First reported Apr 18 2014 - Updated 12 hours ago - 5 reports

VIMPELCOM : Stake in telecoms firm is sold

RUSSIAN telecoms operator Vimpelcom has sold 51 per cent of an Algerian unit to the country's government investment fund for over pound(s)1.5 billion.Vimpelcom took over Orascom Telecom Algeria, in 2010 as part of a pound(s)3.6bn deal to buy assets from ... [Published 4 Traders - 12 hours ago]
First reported Apr 18 2014 - Updated 15 hours ago - 12 reports

Vimplecom resolves Algeria row with $2.6bn stake sale

MOSCOW: Russia’s Vimpelcom has resolved a long-running dispute with the Algerian government by selling it a majority stake in the country’s biggest telecoms operator for $2.6bn, while it will keep control and slash debt.Orascom Telecom Algeria, also known ... [Published Qatar Peninsula - 16 hours ago]
First reported Apr 18 2014 - Updated Apr 18 2014 - 1 reports

Algeria acquires a 51% stake in capital of Orascom Telecom Algérie (OTA)

Orascom Telecom Algérie (OTA) Share this articleALGIERS – The National Investment Fund (FNI) just signed an agreement for the purchase of a 51% stake in the company Orascom Telecom Algérie (OTA), for an amount of $2.6 billion, the Fund announced on ... [Published Algérie Presse Service - Apr 18 2014]
First reported Apr 18 2014 - Updated Apr 18 2014 - 1 reports

Algeria's mobile penetration rate rises to 102.11% in 2013

Algeria's mobile penetration rose to 102.11 percent in 2013 from 99.28 percent in 2012, according to a study by telecom regulator ARTP cited by La Tribune newspaper. Orascom Telecom Algeria (Djezzy) customers decreased by 1.52 percent to 17.57 million, ... [Published Telecompaper - Apr 18 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

EGX30 ends week on the Green aided by Egyptian investors' purchases, Gains 0.29%

Arab Finance: Egyptian stock exchange main index EGX30 gained 0.29% on Thursday to close at 8103.67 points compared to 8080.48 points on Wednesday.Market trade volume reached 253,639,377 shares Valued at LE 1,069,508,245 according to the Egyptian stock ... [Published Arab Finance - Apr 17 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

Mobile telephony in Algeria: Density exceeding 100%, number of Mobilis subscribers increases by +17.21%

ALGIERS- the mobile telephony density in Algeria reached 102.11% in 2013, according to a study on the mobile telephony markets for the period 2010-2013 conducted by the Regulatory Authority of Post and Telecommunications (ARPT), underlining that number ... [Published Algérie Presse Service - Apr 16 2014]
First reported Apr 15 2014 - Updated Apr 16 2014 - 2 reports

EGX30 ends on Green, gains 0.67% on Wednesday

Arab Finance: Egyptian stock exchange main index EGX30 gained 0.67% on Wednesday to close at 8080.48 points compared to 8026.92 points on Tuesday.Market trade volume reached 234,535,230 shares Valued at LE 1,160,682,759 according to the Egyptian stock ... [Published Arab Finance - Apr 16 2014]
First reported Apr 14 2014 - Updated Apr 15 2014 - 2 reports

Lebanon to drop Net price after cutting phone rates

BEIRUT: Lebanon plans to lower Internet prices and boost speed after cutting landline and mobile call prices by up to half this month to boost consumption and ease pressure on consumers, its telecoms minister said yesterday.A country of about 4 million ... [Published Qatar Peninsula - Apr 15 2014]
First reported Apr 13 2014 - Updated Apr 14 2014 - 1 reports

Egypt's stocks down on profit taking

Related Egypt’s main index slightly declined on Sunday, but in a session marked by weak trading value.The EGX30 fell 0.31 percent to record 7,875 points.“The T+0 mechanism allows for selling during the same session of purchase, and as a result [buyers] ... [Published Al Ahram - Apr 13 2014]
First reported Apr 13 2014 - Updated Apr 14 2014 - 2 reports

EGX30 ends Monday on Green, up 0.14%

Arab Finance: Egyptian stock exchange main index EGX30 gained 0.14% on Monday to close at 7886.08 points compared to 7875.22 points on Sunday .Market trade volume reached 174,696,682 shares Valued at LE 559,107,468 according to the Egyptian stock exchange ... [Published Arab Finance - Apr 14 2014]

Quotes

"It's a great day for the company. It has been a three-year journey, and now it has come to an end" Vimpelcom chief executive Jo Lunder said
"This favorable long-term agreement and settlement represents a successful outcome for all stakeholders" said Vimpelcom Chief Executive Jo Lunder
"In our view, the deal is very positive for Vimpelcom as it signals the long-awaited resolution of the dispute with the Algerian government on very favourable terms" he said
Jo Lunder, chief executive officer of VimpelCom said, "This favorable long-term agreement and settlement represents a successful outcome for all stakeholders. For VimpelCom and GTH, this value accretive transaction releases USD 4.0 billion in cash proceeds to pay down gross debt."

More Content

All (149) | News (138) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (10) | Press Releases (1)
sort by: Date | Relevance
Shareholding : Algeria takes 51pc stake In Oras... [Published El Moudjahid - 3 hours ago]
Vimpelcom resolves Algeria row [Published DailyTribune - 10 hours ago]
VIMPELCOM : Stake in telecoms firm is sold [Published 4 Traders - 12 hours ago]
Vimplecom resolves Algeria row with $2.6bn stak... [Published Qatar Peninsula - 16 hours ago]
Vimpelcom sells Algeria firm stake [Published Gulf Daily News - 17 hours ago]
Akin, Shearman Help Broker Algerian Telecom Peace [Published American Lawyer.com - 21 hours ago]
Russias Vimpelcom solves Algeria dispute with $... [Published Big News Network - Apr 18 2014]
Vimpelcom resolves Algeria row with $2.6 billio... [Published NewsRT.co.uk - Apr 18 2014]
VimpelCom : Russia's VimpelCom Sells 51% Stake ... [Published 4 Traders - Apr 18 2014]
Akin Gump Advises VimpelCom on the Sale of Its ... [Published Akin Gump Strauss Hauer & Feld - Apr 18 2014]
VimpelCom sells 51% stake in Orascom Telecom Al... [Published Telecom Lead - Apr 18 2014]
UPDATE 2-Vimpelcom resolves Algeria row with $2... [Published Reuters UK - Apr 18 2014]
VimpelCom Sells 51% Djezzy Stake to Algeria to ... [Published Washington Post - Apr 18 2014]
VimpelCom to Sell Stake in Unit to Algeria for ... [Published Washington Post - Apr 18 2014]
Vimpelcom's GTH to sell Algerian interest for $... [Published Seeking Alpha - Apr 18 2014]
Russia's Vimpelcom solves Algeria dispute in $2... [Published Yahoo! Finance - Apr 18 2014]
UPDATE 1-Russia's Vimpelcom solves Algeria disp... [Published Reuters - Apr 18 2014]
VimpelCom To Sell 51% Stake In Orascom Telecom ... [Published RTTNews.com - Apr 18 2014]
VimpelCom Sells 51% Stake in Algeria's Djezzy t... [Published Cellular-News - Apr 18 2014]
VimpelCom signs deal to sell 51% of Orascom Alg... [Published Telecompaper - Apr 18 2014]
VimpelCom sells 51% in Orascom Telecom Algerie [Published Individual.com - Apr 18 2014]
Algeria acquires a 51% stake in capital of Oras... [Published Algérie Presse Service - Apr 18 2014]
Global Telecom To Sell 51% Interest In Orascom ... [Published RTTNews.com - Apr 18 2014]
Russia's Vimpelcom solves Algeria dispute with ... [Published Reuters UK - Apr 18 2014]
Algeria's mobile penetration rate rises to 102.... [Published Telecompaper - Apr 18 2014]
Russia's Vimpelcom solves Algeria dispute with ... [Published Reuters - Apr 18 2014]
VimpelCom And Global Telecom Holding Announce A... [Published ADVFN UK - Apr 18 2014]
EGX gains EGP 1.7 bln, benchmark ends above 810... [Published Mubasher - Apr 17 2014]
EGX30 ends week on the Green aided by Egyptian ... [Published Arab Finance - Apr 17 2014]
Mobile telephony in Algeria: Density exceeding ... [Published Algérie Presse Service - Apr 16 2014]
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