Full Description

Orascom Telecom Holding (ORTE.CA) (Cairo Stock Exchange)
As of  25 Nov 2009
27.70EGP
Price Change
-0.01
Percent Change
-0.04%
 
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Orascom Telecom Holding S.A.E. (Orascom Telecom or OHI) is a mobile telecommunications company. Orascom Telecom is a network operator in the Middle East, Africa and South Asia. Orascom Telecom operates global system for mobile communications (GSM) networks in Algeria (OTA), Pakistan (Mobilink), Egypt (Mobinil), Tunisia (Tunisiana), Bangladesh (Banglalink) and North Korea (Koryolink). Through its subsidiary Telecel Globe, OTH also operates in Burundi, the Central African Republic, Namibia and Zimbabwe. Orascom Telecom had over 80 million subscribers as of March 31, 2009. In January 2009, the Company’s subsidiary, Telecel Globe, acquired the mobile telecommunications operator Cell One in Namibia. In January 2009, it also announced the sale of 100% of M-link to TLC SERVIZI S.p.A., a wholly owned subsidiary of Wind Telecomunicazioni S.p.A.
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