Articles tagged with: Syriatel and Orascom Telecom

Orascom settles Syrian dispute

Egypt's Orascom Telecom has settled its legal dispute with DREX Technologies, Orascom's partner in syriatel. The agreement reached on July 16th 2003 settles all legal disputes and litigation in International and Syrian jurisdictions. As part of the settlement, Orascom will no longer hold any shares in syriatel and will receive cash consideration to compensate for Orascom's initial investment, loans made to syriatel and expenses incurred. more

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Orascom's Syrian assets seized

The Egyptian Orascom Telecom has had a busy few days, having sold one of its network holdings and having its holding in another seized by the courts. more

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