Articles tagged with: Banglalink and Orascom

Merger Talks Emerge in Bangladesh Mobile Market

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Related Tags: aktel, orasom-telecom, ahmed-abou-doma, naguib-sawiris, telekom, Bangladesh

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, orascom-telecom, telecel-zimbabwe, globe-telecom, telecel, western-union, smart-communications, tunisiana

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, orascom-telecom, 3