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Global Telecom Holding SAE (GTHE.CA)

GTHE.CA on Cairo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Egypt's Global Telecom posts Q4 profit
Sunday, 26 Feb 2017 09:24pm EST 

Egypt's Global Telecom Holding Sae : Q4 net profit attributable to shareholders $7 million versus loss $12 million year ago . Q4 total revenue $768 million versus $710 million year ago . In Algeria, still facing pressure on results due to customer churn and ARPU erosion Source: (http://bit.ly/2lKV1oW ) Further company coverage: [GTHE.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Egypt's Global Telecom approves termination of treasury shares to decrease capital
Tuesday, 21 Feb 2017 02:00am EST 

Global Telecom Holding : Board approves to terminate 524.6 million treasury shares; to decrease issued capital to EGP 2.74 billion from EGP 3.04 billion Source: (http://bit.ly/2kTEvPR) Further company coverage: [GTHE.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Egypt's Global Telecom says cancellation of GDR listing to be effective on March 8
Tuesday, 7 Feb 2017 02:17am EST 

Global Telecom Holding : Cancellation of GDR listing is expected to be effective around 8 March 2017 Source:(http://bit.ly/2kgF2vL) Further company coverage: [GTHE.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Egypt's Global Telecom Holding signs $200 mln short-term loan agreement
Sunday, 5 Feb 2017 08:05am EST 

Global Telecom Holding : Signs short-term loan agreement of $200 million with Citibank and ING for initial term of six months . Loan amount is intended to finance share buyback program Source: (http://bit.ly/2k9S1PU) Further company coverage: [GTHE.CA] (((Bengaluru Newsroom; +1 646 223 8780; ))) ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Global Telecom and Vimpelcom appoints Matthieu Galvani CEO of Djezzy
Thursday, 26 Jan 2017 01:40am EST 

Global Telecom Holding : Says Vimpelcom and co appoints Matthieu Galvani CEO of Djezzy Source: (http://bit.ly/2jU69x8) Further company coverage: [GTHE.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Global Telecom approves buyback of 524.6 mln shares at EGP 7.9
Monday, 16 Jan 2017 03:01am EST 

Global Telecom Holding : Board approves buyback of 524.6 million treasury shares at price of EGP 7.90 . Board approves bridge loan of $200 million from financial institutions Source: (http://bit.ly/2isMSWr) Further company coverage: [GTHE.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Global Telecom says completes sale of its Zimbabwe operations
Wednesday, 30 Nov 2016 02:21am EST 

Global Telecom Holding :Vimpelcom and Global Telecom completes sale of Telecel International to Zarnet (private) in Zimbabwe for $40 million.  Full Article

Global Telecom says its Algerian unit has launched 4G services
Tuesday, 4 Oct 2016 03:49am EDT 

Global Telecom Holding :Says its Algerian unit has launched 4G services.  Full Article

More From Around the Web

BRIEF-Egypt's Global Telecom approves termination of treasury shares to decrease capital

* Board approves to terminate 524.6 million treasury shares; to decrease issued capital to EGP 2.74 billion from EGP 3.04 billion Source: (http://bit.ly/2kTEvPR) Further company coverage: