Tuesday 24 December 2024
 
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Orascom in talks with France Tel over Mobinil

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 comp

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Egypt Court blocks France Tel buy of Mobinil

An Egyptian court has upheld an earlier ruling to disallow France Telecom to purchase outstanding shares in the Egyptian Company for Mobile Services (ECMS) known by its Mobinil trade name. The firm is the focus of a protracted dispute betw

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Egypt rejects France Tel offer

Egypt's stock market regulator said on Tuesday it had rejected a France Telecom offer for the Egyptian Company for Mobile Services (ECMS) shares because the offer was below a court-ordered price. The regulator did not state the price of th

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