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Articles tagged with: Orascom Telecom and Cairo

France Telecom Gains Approval to Buy Control of Egypt's Mobinil

­Egypt's Financial Supervisory Authority has approved the latest offer from France Telecom to buy the Egyptian Co. for Mobile Services (Mobinil), the holding company that controls the mobile network of the same name.  more

Related Tags: mobinil, france-telecom, egyptian-company-for-mobile-services, Egypt


Orascom Sells Egyptian ISPs to Mobinil

Egypt's Orascom Telecom Holding (OTH) has announced its intention to sell its Egyptian internet service providers, LINKdotNet and Link Egypt to The Egyptian Company for Mobile Services (Mobinil), which OTH has a sizeable shareholding in.  more

Related Tags: france-telecom, orascom-telecom-holding, gsm, orascom, Egypt


Mobinil Records Record Quarterly Profits

Egyptian mobile operator, Mobinil has reported its highest every quarterly profit, but warned that growth would probably slow during 2009 as the economy remains sluggish. The firm reported fourth quarter profits of EGP 551 million (US$10.4 million), while revenues jumped by 24% to EGP 2.644 billion (US$481 million).  more

Related Tags: arpu, itu, france-telecom, mobinil, orascom, Egypt


Mobinil Reports Subscriber Base Up by 1.4 Million

The Egyptian Company for Mobile Services (Mobinil) has reported that it increased its subscriber base in the 3rd quarter by 1.392 million, a 38% increase over the previous year - to reach 18.911 million.  more

Related Tags: arpu, france-telecom, egyptian-company-for-mobile-services, 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, 3g-license, france-telecom, radio-spectrum, gsm-license, base-stations, egyptian-company-for-mobile-services, orascom, Egypt


Egyptian Network Launches 3G Coverage in Cairo

The Egyptian Company for Mobile Services (Mobinil) has launched its 3G network following several delays, which the company partially put at the door of the telecoms regulator. The company had expected to receive access to the radio spectrum on 17th January, but the radio frequencies were not released until March 27th. The company had hoped to launch its network in July, but again missed its deadline.  more

Related Tags: base-station, motorola, cisco, rsa, huawei, capex, france-telecom, ericsson, edge, mobinil, cisco-systems, base-stations, siemens, alcatel-lucent, egyptian-company-for-mobile-services, alcatel, orascom, Egypt


Mobinil to Launch 3G Network in September

Egypt's Mobinil is reported as saying that it expects to finally launch its 3G network on the 1st Sept 2009. The company had expected to receive access to the radio spectrum on 17th January, but the radio frequencies were not released until March 27th. The company had hoped to launch its network last month, but again missed its deadline.  more

Related Tags: france-telecom, mobinil, radio-spectrum, orascom, Egypt


Zain Still Interested in South Africa - in Talks with Indian Operators

In an interview, Zain CEO Saad al-Barrak has again restated his desire for the company to enter the South African market - and also not ruled out the possibility that the company could itself become an acquisition target.  more

Related Tags: roaming, zain, france-telecom, cell-c, orascom, South Africa


Mobinil Delays 3G Launch Due to Radio Spectrum Delays

Egypt's Mobinil has announced plans to delay the launch of its 3G network due to delays in allocating the necessary radio spectrum by the regulator. The company is also delaying the paying of its EGP750 million installment for the license by ten weeks due to the regulatory delay.  more

Related Tags: france-telecom, mobinil, radio-spectrum, orascom, Egypt


Orascom Denies Reports of Plans to Sell Mobinil Stake

Egypt's Orascom Telecom has refuted recent media comments that it is considering selling some of its holding in local mobile phone operator, Egyptian Company for Mobile Services - which trades as Mobinil.  more

Related Tags: mtn, france-telecom, mobinil, orascom, Egypt


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