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Articles tagged with: Mobinil
Zain Expands "One Network" Roaming Service to Egypt
Zain has expanded its international roaming agreement, known as One Network to include Egypt after signing a partnership with mobinil. The One Network platform offers roaming across the Zain network with call costs and services charged at the same rate as the home network. more
Related Tags: zain, one-network, Egypt
France Telecom Appeal to Buy MobiNil Stake Rejected
France Telecom's appeal in its bid to buy the remaining shares in Eygpt's Egyptian Co. for Mobile Services has been rejected by the country's financial regulator. The Egyptian Financial Supervisory Authority rejected the offers by France Telecom to acquire the remaining shares as too low, saying they were less than the price set by an arbitration ruling for the majority of the company. more
Related Tags: france-telecom, orascom-telecom, orascom, Egypt
Mobinil Revenues Up 11% - Profits Up 9%
Egypt's mobinil has reported an 11% rise in its first half revenues of EGP 5.2 billion (US$943 million), with with 2Q revenues of EGP 2.73 billion representing 9% growth over 1Q 2009. Net income reached EGP 960 million (US$174 million) representing an increase of 9% over the same period last year, EGP 424 million in 1Q and EGP 536 million in 2Q. more
France Telecom Makes Fresh Bid to Settle Egyptian Dispute
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Related Tags: orascom-telecom, france-telecom, egyptian-company-for-mobile-services, orascom, Egypt
Orascom Telecom Drops Legal Action Against France Telecom
Egypt's Orascom Telecom Holding (OTH) says that it has dropped its legal action against France Telecom (FT) over their disputed shareholding in Egyptian mobile network operator, mobinil. The two companies have been in dispute over their shareholding in the mobile operator ever since a court ruling seemed to require OTH to sell its stake to France Telecom. more
Related Tags: orascom-telecom-holding, france-telecom, orascom, cairo, 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). The new IP-based infrastructure will help to reduce network complexity and management costs and enhance network reliability. more
Related Tags: cisco, next-generation-network, Egypt
Orascom Telecom Sues to Overturn MobiNil Ruling
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Related Tags: orascom-telecom-holding, france-telecom, orascom, cairo, Egypt
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. Marise Ananian, head of telecoms research at EFG-Hermes says that the country will add around 8 million new subscribers during 2009, compared to the 12 million in 2008. more
Related Tags: vodafone-egypt, etisalat-misr, 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: orascom-telecom, france-telecom, 3g-license, orascom, Egypt
Orascom Telecom Announces its Compliance with ICC Ruling
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Related Tags: edge, ovi, france-telecom, orascom-telecom, orascom-telecom-holding, orascom, Egypt