Articles tagged with: Orascom Telecom and 3G License

Orascom Telecom Loses Interest in French 3G License

­Egypt's Orascom Telecom has announced that it will not be bidding for France's fourth 3G license. The company had previously indicated that it might join a consortium with other French companies for the license.  more

Related Tags: arcep, illiad, orascom, three, virgin-mobile-france, France

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, france-telecom, orascom, Egypt

Egypt's Mobinil Does Not Expect a Profitable 3G Network

Egypt's Egyptian Company for Mobile Services (Mobinil) says that it does not expect to make a profit from its 3G network - and would not have brought the license had it not included an extension to the existing GSM license held by the firm.  more

Related Tags: base-station, edge, france-telecom, radio-spectrum, gsm-license, base-stations, egyptian-company-for-mobile-services, orascom, cairo, Egypt

Vodafone Would Face $578 Million Fee To Upgrade To 3G In Egypt

LONDON -(Dow Jones)- Vodafone Group would have to pay US$578 million to upgrade its second-generation mobile license in Egypt to a 3G license as a knock-on effect of the price paid by a rival for Egypt's third mobile license earlier this week.  more

Related Tags: etisalat, france-telecom, orascom-telecom-holding, vodafone-egypt