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Mobinil deal ‘did not harm other owners’Egyptian mobile telecoms firm Mobinil's recent ownership accord had not hurt minority shareholder rights, members of the board told Egypt's regulator in a letter published by the bourse. The deal struck in April between Orascom Telecom and More… |
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Mobinil sees ownership deal ‘soon’Egyptian mobile telecoms operator Mobinil expects its two major shareholders to announce a resolution to their long-running dispute within a month, its chairman said. Orascom Telecom's executive chairman Naguib Sawiris had met France Telec More… |
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France Telecom ‘will not raise Mobinil offer’France Telecom said on Wednesday it had no intention of raising its offer price of EGP245 ($44.83) for outstanding shares in the Egyptian Company for Mobile Services (ECMS), known as Mobinil. A financial adviser appointed by Mobinil said s More… |
