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Oger gives S Africa unit $180m to boost networkOger Telecom, 35-per cent owned by Saudi Telecom, will inject $180 million into its South African subsidiary Cell C to improve the coverage and quality of the unit's network, the Dubai-based firm said. Cell C has about 13 per cent of t More… |
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Qatar makes approach for Oger Telecom stakeQatar, eager to boost its footprint in Turkey, has made a takeover approach to the majority owner of Oger Telecom, which owns a controlling stake in Turk Telecom, sources said. Qatar has directly approached Saudi Oger - owned by the family More… |
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Saudi Telecom Q4 earnings flatSaudi Telecom Company saw its fourth-quarter net profit edge down 0.3 percent as foreign currency losses hit its annual income, but the operator still beat forecasts. The former monopoly holder made a net profit of 2.28 billion riyal More… |
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Saudi Telecom to buy Oger stake for $2.6bnSaudi Telecom Co, the largest Arab telecom firm by market value, said it had agreed a $2.6 billion deal to buy 35 percent of Oger Telecom, gaining access to markets from Turkey to South Africa. Oger, controlled by the family of late Lebane More… |
Oger Telecom revenues riseOger Telecom has announced its strong results for the year ended December 2006. Oger Telecom reported total group revenues for the year of $5.79 billion ($6.86 billion on a proforma basis1) with an operating profit of $1.346 billion, More… |
