Latest Telecoms News about Egypt

Egypt's Orascom Telecom Rejects Takeover Bid from Russia's Altimo

  Orascom Telecom Holding's board of directors has decided to reject the offer from Russia's Altimo has launched a bid to buy the remainder of the company that it does not already own....

Related Tags: orascom-telecom-holding, altimo


Telecom Egypt Aiming for July Launch of Own Mobile Service

  Egypt's monopoly landline operator, Telecom Egypt says that it stands ready to launch its own mobile network services as soon as the regulator grants the necessary license....

Related Tags: telecom-egypt, mvno


Vodafone Egypt Affected by a Lack of Foreign Currency to Settle Bills

  Vodafone Egypt is facing an unusual financing problem when paying its bills -- a lack of foreign currency. The company is asking suppliers to accept payment in the local currency to help stem the problem....

Related Tags: vodafone-egypt


Ericsson Tests Low-Energy Base Station in Egypt

  Ericsson says that it successfully tested Psi-Coverage, an energy-saving solution in the Vodafone Egypt Network....

Related Tags: ericsson, vodafone


Russia's Altimo Launches Takeover Bid for Orascom Telecom

  Russia's Altimo has launched a bid to buy the remainder of Egypt's Orascom Telecom Holding that it does not already control through its stake in VimpelCom. ...

Related Tags: altimo, orascom-telecom-holding, vimpelcom


Telecom Egypt Posts Fall in Full Year Profits - Plans 4G Network

  Telecom Egypt has posted a near 13 percent fall in its full-year profits of EGP2.61 billion (US$386 million) as the country's economy was hurt in the post-Mubarak confusion....

Related Tags: telecom-egypt


Egypt to Set Price for 4th Mobile License by Second Half of Year

  Egypt's telecoms regulator is to set the final price for the country's fourth mobile license by the second half of this year....

Related Tags: ntra, telecom-egypt


Egypt's Mobinil to Increase Listing on Local Stock Exchange

  Egypt's Mobinil is looking at options to raise the percentage of the company listed on the local stock exchange....

Related Tags: mobinil


Mobinil Faces Prosecution Over Misleading Adverts

  Egypt based mobile network operator, Mobinil has been referred to prosecutors by the Consumer Protection Agency (CPA) after it was accused of running misleading adverts touting the quality of its network....

Related Tags: mobinil


Egyptian Networks Summoned by Minister to Discuss PrePay Costs

  Egypt's Minister of Communications and Information Technology, Mr. Atef Helmy has met with the heads of mobile phone operators in the Egyptian market to discuss an issue with prepay topup prices....

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