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Articles tagged with: Banglalink and Orascom Telecom
Western Union Inks Mobile Money Transfer Deal with Orascom Telecom
Money transfer firm, Western Union has created an alliance with Orascom Telecom to introduce mobile remittance services in select markets. The services aim to make low-principal, high-frequency remittances more convenient to the millions of consumers who send money every day. more
Related Tags: gsm-association, mobinil, telecel-zimbabwe, globe-telecom, telecel, western-union, smart-communications, tunisiana, orascom, mobile-money
Orascom Telecom Q2 Profits Down 64%
Egypt based Orascom Telecom has reported a 64% slump in second quarter profits to US$80.8 million, considerably worse than financial analysts had expected. The drop was put down to slowing growth in Bangladesh and Pakistan along with higher financing costs and a US$30 million write down of its Algerian landline subsidiary. A drop was expected due to the removal of a one-off gain a year earlier. more
Related Tags: arpu, mobinil, 3, orascom
Egypt's Orascom Telecom Holding have launched their GSM mobile services in Bangladesh through its wholly owned subsidiary which operates under the name banglalink. The network operator launched in nine major cities and plans to extend its services nationwide by the end of this year. OTH expects its subsidiary to invest over US$200 million in expanding its network coverage and capacity and deploying its services during the coming years. more
Related Tags: orascom-telecom-holding, gsm-license, mobilink