Telecoms news from Algeria

Algerian Government Unhappy with Cost of Buying 51% Stake in Local Mobile Network

The Algerian government is seeking a fresh valuation on the local mobile network, Djezzy before it agrees to buy a 51% stake in the company. ...more.

Naguib Sawiris Launches $5 Billion Lawsuit Against Algerian Government

Egypt's Naguib Sawiris is launch of a US$5 billion claim against the Algerian government for damages to Weather Investments' stake in Orascom Telecom Algérie (Djezzy) ...more.

Demand for Broadband Set to Drive Algerian Telecom Market

The mobile telephony segment in Algeria is reaching maturity. Mobile subscriber growth rates are projected to slow down even as mobile penetration rate was expected to reach 100 per cent by the first quarter of 2012. ...more.

Huawei and ZTE Accused of Bribery in Algeria

Huawei and ZTE have been banned from tendering for state contracts in Algeria for two years and been fined by a local court after being found guilty of bribing executives at the state owned telecoms network, Algerie Telecom. ...more.

Orascom Telecom Loses Appeal Over $1.3 Billion Fine

Orascom Telecom has lost its appeal against a US$1.3 billion fine imposed by the Algerian Courts, although the jail sentences against a senior director was overturned. ...more.

Orascom Telecom Seeks International Arbitration Over Algerian Dispute

Orascom Telecom Holding has confirmed that it is submitting a formal Notice of Arbitration against the Algerian government in respect of what it says are unlawful actions taken since 2008 by the government against Orascom Telecom Algerie (OTA). ...more.

Algeria to Award 3G Licenses Shortly

Algeria plans to award 3G licenses, once it has settled an agreement over the ownership of the country's largest mobile network, Djezzy with its current owner, Vimpelcom/Orascom Telecom. ...more.

VimpleCom Agrees to Talks to Sell a Stake in Algerian Subsidiary

Russia's VimpelCom says that it has signed an agreement with the Algerian government to explore a way of selling a state in its subsidiary Orascom Telecom Algerie (OTA). ...more.

Nedjma Will Bid for Algerian 3G License

Wataniya Telecom Algerie - which trades as Nedjma - says that it will bid for a 3G license when the tender for them is announced. ...more.

Wataniya Telecom Revenues Jump 35% - Profits Surge on Tunisiana Acquisition

Kuwait based Wataniya Telecom has reported its first quarter profits jumped to US$1.03 billion compared to US$58.7 million a year ago. ...more.

Orascom Doubts Vimpelcom Can Resolve Algerian Dispute

The Chairman of Egypt's Orascom Telecom has expressed doubts about Vimpelcom's chances in settling the ongoing and lengthy dispute over Orascom's Algerian subsidiary with the Algerian government. ...more.

Kapsch CarrierCom Wins Algerian GSM-R Contract

Kapsch CarrierCom says that it has signed a contract for the supply and installation of a GSM-R system for ANESRIF, the national agency responsible for railway infrastructure investments in Algeria ...more.

Political Change to Determine Telecom Success in Algeria

A restructured regulator and less control by the government will allow for foreign investment in Algerian operators and create an attractive market that still has yet to realize its potential, ...more.

Orascom Telecom Delays Arbitration Over Algerian Subsidiary

Orascom Telecom's Chairman says that the company has delayed seeking international arbitration over its dispute with the Algerian government over the government's attempts to nationalise the Orascom's local mobile network subsidiary, Djezzy. ...more.

Orascom Telecom Can Defer Payment of 80% of Algerian Tax Demand

Orascom Telecom's troubled Algerian subsidiary, Djezzy could delay payment of up to 80% of the disputed US$230 million tax demand, according to the director at Algeria's tax department Mustafa Zikara. ...more.

VimpelCom Amends Merger Agreement with Wind Telecom

Russia's VimpelCom has announced an amended agreement to buy Wind Telecom (formerly Weather Investments) from Egypt's Naguib Sawiris. ...more.

Algeria Demands Settlement of Debts and Taxes Before Djezzy Sale

The Algerian government will only complete its planned buyout of Orascom Telecom's local subsidiary, Djezzy after Orascom settles its debts and pays back its taxes, ...more.

VimpelCom Threatens Legal Action Over Algerian Mobile Network

Russia's VimpelCom has warned the Algerian government that it might sue if the government pursues its attempts to nationalise Djezzy, the Orascom Telecom subsidiary that is part of a sale agreement between the two companies. ...more.

Orascom Telecom Receives Another Tax Bill from Algeria

Egypt's Orascom Telecom Holding (OTH) says that it has received another tax bill from the Algerian government - this time for US$230 million. ...more.

Orascom Telecom Algeria's CEO Questioned by the Police

Orascom Telecom Algeria's CEO, Tamer al-Mahdy has been called in by the local police to answer questions about allegations that his company has violated the rules of the Algerian stock market, ...more.