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Orascom Telecom Media and Technology Holding SAE (OTMT.CA)

OTMT.CA on Cairo Stock Exchange

0.73EGP
7:29am EST
Change (% chg)

£0.00 (+0.00%)
Prev Close
£0.73
Open
£0.74
Day's High
£0.74
Day's Low
£0.72
Volume
24,566,141
Avg. Vol
35,771,420
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£0.96
52-wk Low
£0.63

Latest Key Developments (Source: Significant Developments)

Egypt's OTMT Q3 loss widens to EGP 128.4 mln
Wednesday, 15 Nov 2017 03:00am EST 

Nov 15 (Reuters) - ORASCOM TELECOM MEDIA AND TECHNOLOGY HOLDING SAE :Q3 CONSOL NET LOSS ATTRIBUTABLE TO SHAREHOLDERS EGP 128.4 MILLION VERSUS LOSS OF EGP 54.2 MILLION YEAR AGO.Q3 CONSOL OPERATING REVENUE EGP 358.9 MILLION VERSUS EGP 122.6 MILLION YEAR AGO.NINE-MONTH CONSOL NET PROFIT EGP 239.9 MILLION VERSUS LOSS OF EGP 38.7 MILLION YEAR AGO.NINE-MONTH STANDALONE NET PROFIT EGP 296.8 MILLION VERSUS EGP 60 MILLION YEAR AGO.  Full Article

OTMT board approves contribution to establish Egyptian joint stock company
Monday, 23 Oct 2017 03:36am EDT 

Oct 23 (Reuters) - ORASCOM TELECOM MEDIA AND TECHNOLOGY HOLDING :BOARD APPROVES CONTRIBUTION IN ESTABLISHMENT OF AN EGYPTIAN JOINT STOCK COMPANY.SAYS CO'S CONTRIBUTION IN NEW COMPANY SHALL AMOUNT TO 124.2 MILLION SHARES IN COMPANY'S CAPITAL‍​.  Full Article

Egypt's OTMT to subscribe 52 pct preferred shares in Riza Capital
Tuesday, 15 Aug 2017 04:27am EDT 

Aug 15 (Reuters) - ORASCOM TELECOM MEDIA AND TECHNOLOGY HOLDING SAE :BOARD APPROVES TO INVEST $10 MILLION IN DEVELOPMENT AND MANAGEMENT OF SOUND AND LIGHT SHOW IN PYRAMIDS, SPHINX IN PARTNERSHIP WITH PRISME INTERNATIONAL.BOARD APPROVES INVESTMENT OF $15 MILLION AGAINST SUBSCRIPTION OF ABOUT 52 PERCENT PREFERRED SHARES IN RIZA CAPITAL CONSULTORIA DE INVESTIMENTOS.  Full Article

Egypt's OTMT H1 consol profit rises
Tuesday, 15 Aug 2017 04:16am EDT 

Aug 15 (Reuters) - ORASCOM TELECOM MEDIA AND TECHNOLOGY HOLDING :H1 CONSOL NET PROFIT EGP 359.3 MILLION VERSUS EGP 8 MILLION YEAR AGO.  Full Article

Egypt's OTMT board approves FY dividend of EGP 0.10 per share
Sunday, 7 May 2017 06:28am EDT 

May 7 (Reuters) - Orascom Telecom Media and Technology Holding : •Board aprroves dividend of EGP 0.10 per share for year 2016:.  Full Article

Orascom Telecom Media and Technology posts FY consol profit
Sunday, 7 May 2017 02:34am EDT 

May 7 (Reuters) - Orascom Telecom Media and Technology Holding :FY consol net profit EGP 897.5 million versus net loss EGP 3.61 billion year ago .FY Consol operating revenue EGP 538.4 million versus EGP 291.4 million year ago.Egyptian pound floatation had a positive impact of EGP 1.44 billion on FY consol profit.  Full Article

OTMT says EFSA exempts OTMT Acquisition from mandatory offer to acquire co's shares
Wednesday, 15 Mar 2017 03:51am EDT 

Orascom Telecom Media and Technology Holding : Egyptian Financial Supervisory Authority approved OTMT Acquisition request for exemption from making mandatory tender offer to acquire 51.66 percent shares of company .Mandatory tender offer exemption comes in context of demerger of Orascom Telecom executed in February 2012.  Full Article

OTMT divests MENA Submarine Cable to unit of Bharti Airtel
Tuesday, 20 Dec 2016 10:22am EST 

Orascom Telecom Media And Technology Holding SAE : Announces sale of unit Middle East and North Africa Submarine Cable . Executes sale of unit Middle East and North Africa Co Submarine Cable Systems with Network i2i, a unit of Bharti Airtel . Board approves sale of unit Middle East and North Africa Co Submarine Cable Systems being 2.8 million nominal shares for US$90 million . Aims to conclude sale of its unit Middle East and North Africa Submarine Cable by end of Q1 2017 . Intends to utilize proceeds of sale in operations of financial, the real estate and the logistics sectors . Board approves acceptance of resignation of Naguib Sawiris as Managing Director, as of January 1, 2017 .Board approves appointment of Khalid Khairy Mahmoud El-Laithy as Chief Financial Officer, as of January 1, 2017.  Full Article

BRIEF-Egyptian Exchange resumes trading on OTMT shares
Sunday, 4 Dec 2016 05:05am EST 

Egyptian Stock Exchange : Trading on Orascom Telecom Media and Technology shares resumes after co clarifies on dissolution of ORABANK in DRPK Source: (http://bit.ly/2gPi0ea) Further company coverage: [OTMT.CA] ((Bangalore.newsroom@thomsonreuters.com;)) Keywords: (CORRECTED).  Full Article

Egyptian Exchange suspends trading on Orascom Telecom Media and Technology shares
Sunday, 4 Dec 2016 04:02am EST 

Egyptian Exchange: Suspends trading on Orascom Telecom Media and Technology shares, effective December 4 . Trading suspension to continue till OTMT sends a supplement release, following company's announcement on dissolution of ORABANK in DPRK Source:(http://bit.ly/2gBX50p) Further company coverage: [OTMT.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article