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Articles tagged with: France Telecom
Orange Tried to Buy T-Mobile UK
France Telecom is reported to have made an offer to buy T-Mobile UK, but was rebuffed by T-Mobile's German parent company, Deutsche Telekom. The UK's Guardian newspaper also noted that Vodafone was rumoured to have offered to do a swap for its Turkish subsidiary, although the deal was denied by Vodafone. more
Related Tags: orange, t-mobile-uk, deutsche-telekom, telekom, UK
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. more
Related Tags: orascom-telecom-holding, mobinil, orascom, cairo, Egypt
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. Imputed interest amounts relative to 3G installment payments charged during the first quarter amounted to EGP 29 million and higher interest costs are the main driver for the decrease. more
Related Tags: mobinil, orascom-telecom, 3g-license, orascom, Egypt
France Telecom 1st-Quater Down on French TV Costs
France Telecom has reported a 4.4% drop in first-quarter profits due to costs incurred by its French television services. EBITDA was down 4.4% on a comparable basis, at EUR 4.3 billion. The EBITDA margin dropped 1.7 points from the first quarter of 2008. more
Related Tags: orange, mvno, France
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. This morning, Orascom Telecom Holding (OTH) announced that France Telecom has failed to pay the purchase price as required by the terms of the arbitral award issued by the International Court of Arbitration of the International Chamber of Commerce and has failed to comply with its obligations under Egyptian law to make a public tender offer on the same terms as the Award. more
Related Tags: , edge, ovi, iden, orascom-telecom, orascom-telecom-holding, orascom, Egypt
Orascom Telecom Announces its Compliance with ICC Ruling
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. There has been a quite public dispute between the two companies since the legal ruling, with Orascom claiming that the paperwork hadn't arrived, and France Telecom insisting that Orascom was being obdurate. more
Related Tags: , edge, ovi, mobinil, orascom-telecom, orascom-telecom-holding, orascom, Egypt
France Telecom Takes Control of Senegal Based Sonatel
France Telecom has taken control of Senegal based Sonatel after it brought 9.87% of the company from the Senegalese government, taking its ownership to 52.2%. Once the transaction has been completed, the Senegalese government will remain Sonatel's second biggest shareholder with 17.28% of the operator's capital. more
Related Tags: orange, , eu, landline, Senegal
Court Order Gives France Telecom Control of Egypt's MobiNil
Orascom Telecom has lost a legal action and been ordered to sell its entire stake in Egypt's MobiNil to France Telecom. In 2007 Orascom Telecom initiated an arbitration against France Telecom at the Arbitration Court of the International Chamber of Commerce (ICC) to try and force France Telecom to transfer its MobiNil shares to Orascom Telecom. more
Related Tags: mobinil, orascom-telecom, orascom, Egypt
Bouygues Telecom Loses 3G License Appeal
The European Court of Justice has ruled that the French government was correct in retrospectively lowering the 3G license fees it charged to France Telecom and Vivendi's SFR. In 2000, the French government sold two 3G licenses to France Telecom and SFR for EUR4.95 billion each. A later attempt in 2002 to sell the remaining two licenses raised just EUR619 million from Bouygues Telecom. The fourth license remains unsold to this day. more
Related Tags: orange, 3g, eu, itu, 3g-license, tim, ovi, iden, sfr, 3, bouygues-telecom, 3g-licenses, license-fees, France
Orange Launches a GSM Network in Uganda
France Telecom, through its Orange brand has launched a new network in Uganda. Last October, France Telecom took over the national GSM license held by Hits Telecom Uganda after buying a 53% stake in the firm. more
Related Tags: orange, 3g, sim, wimax, lte, mtn, zain, customer-care, gsm-license, gsm, Uganda