Egypt

Egypt-based telecommunications holding company, Orascom Telecom, has announced a 21% year-on-year and a 5% quarterly rise in the number of mobile subscribers it serves in Africa... 2008-05-09

Egyptian mobile operator MobiNil aims to have almost 20mn subscribers by the end of this year; this would represent a 33% increase year-on-year from the 15.118mn subscribers the... 2008-04-15

Saudi Telecommunications Company (STC) plans to invest as much as US$15bn in buying new licences and existing operators in the Middle East, North Africa and Asia in a bid to diversify... 2008-03-17

Telecom Egypt has announced its consolidated financial results for the year ended December 31 2007, noting that total revenues reached EGP9.99bn, up by 5% from EGP9.517bn in 2006.... 2008-03-14

Egypt-based Orascom Telecom has published its financial and operating results for the year ended December 31 2007, revealing a 36% increase in its mobile subscriber base (44% if... 2008-03-12

Telecom Egypt has signed a share purchase agreement to sell minority stakes in two internet service providers. The incumbent will relinquish its 27.7% shareholding in Nile Online... 2008-02-08

Telecom Egypt and Alcatel-Lucent have signed a US$125mn contract to deploy a new submarine cable connecting Sidi Kerir in Egypt with Marseille in France. Dubbed TE North, the cable... 2008-02-01