Daily News Egypt

Orascom TMT says in talks with France Telecom over Mobinil - Daily News Egypt

Advertising Area




Advertising Area




Orascom TMT says in talks with France Telecom over Mobinil

DUBAI: Orascom Telecom Media and Technology said on Sunday it is in talks with France Telecom over the future of their Egyptian joint venture Mobinil. The Egyptian firm said a decision was expected to come after a Feb. 13 meeting between the companies. France Telecom is the biggest shareholder in Mobinil and the second biggest …


DUBAI: Orascom Telecom Media and Technology said on Sunday it is in talks with France Telecom over the future of their Egyptian joint venture Mobinil.

The Egyptian firm said a decision was expected to come after a Feb. 13 meeting between the companies.

France Telecom is the biggest shareholder in Mobinil and the second biggest is the family of Egyptian businessman Naguib Sawiris, who has a put option to sell his holding in Mobinil to the French company.

Advertising Area



https://wwww.dailynewssegypt.com/2012/02/12/orascom-tmt-says-in-talks-with-france-telecom-over-mobinil/
Breaking News

No current breaking news

Receive our daily newsletter
Subscribe