Latest Telecoms News from Egypt |
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Telecom Egypt, the landline monopoly and major shareholder in Vodafone Egypt, has announced that its Chief Financial Officer, Tarek Tantawy is to resign to pursue another career opportunity. ... FoneStarz to Manage Vodafone Egypt's Mobile Content Store Mobile content white-label supplier, FoneStarz Media has won one of its most significant deals and is now managing the entire content downloads portal for Vodafone live! in Egypt....Mobinil Upgrades Network to End-to-End IP Infrastructure With Cisco Cisco Systems says that it has been working with Egypt's Mobinil to deliver a single Cisco Internet Protocol Next-Generation Network (IP-NGN). ...Orascom Telecom Q1 Down on Currency Devaluations Egypt's Orascom Telecom has reported a 66 percent drop in its first-quarter profits to US$72 million - largely due to local currency devaluations against the US Dollar. Revenues dropped by 4 percent to US$1.2 billion. ...Orascom Telecom Sues to Overturn MobiNil Ruling Egypt's Orascom Telecom Holding (OTH) has filed a legal claim against France Telecom (FT), claiming that the French company has not abided by the terms of a recent ruling to buy OTH's stake in MobiNil, and that the ruling should be dismissed....Egyptian Mobile Market Growth to Slow in 2009 Growth in the Egyptian mobile telecoms market is expected to slow by a third this year, an analyst with EFG-Hermes has predicted. ...MobiNil Profits Down on 3G Costs and Debt Interest Eygpt's MobiNil, which is in the midst of a tussle between Orascom and France Telecom has posted a 6% drop in first-quarter profits to EGP424 million (US$75 million) - below most analysts expectations. ...3G Competitors to Drive Mobile Service Uptake in Egypt Mobile penetration in Egypt will reach 97 percent by year-end 2014 from 54 percent in 2008, driven by significant changes in its competitive landscape,...MobiNil Shareholder Dispute Continues Egypt's Orascom Telecom and France Telecom have continued their acrimonious public battle over the control of Egyptian moble network operator, MobiNil....Following a legal ruling last week, Egypt's Orascom Telecom Holding (OTH) says that it has transferred shares it holds in Mobinil to France Telecom.... |