Global Telecom Holding

Orascom Telecom or Orascom Telecom Holding S.A.E. (“OTH”) (LSE: OTLD) is telecommunication company established in Egypt in 1998 and owned by Naguib Sawiris. The first multinational Egyptian corporation, it is one of the core Orascom Group companies.

Orascom Telecom Holding S.A.E. is a leading mobile telecommunications company with GSM operations in seven emerging markets in the Middle East, Africa and South Asia, having a total population under license of approximately 460 million with an average mobile telephony penetration of approximately 8%. It is considered among the largest and most diversified network operators in the Middle East, Africa and Pakistan. Orascom Telecom operates GSM networks in Algeria ("Djezzy GSM"), Egypt ("MobiNil"), Pakistan ("Mobilink"), Iraq ("IraQna"), Bangladesh ("Banglalink"), Tunisia ("Tunisiana") and Zimbabwe ("Telecel Zimbabwe"). Orascom Telecom subscriber number reached over 25.5 million subscribers as of September, 2005.

It obtained a deal in post-Saddam Iraq. Nadhmi Auchi's General Mediterranean Holdings as stakes in it.

Orascom has a mojority stake in WIND (based in Italy). It has made the acquisition for 12.1 Billion Euro's making it one of the largest deals that happened in Italy.

Orascom has also expanded into the 2G business of Hutchison International and has a 19.3% stake within the company. Orascom executives have 2 places within the Board of HTIL.

Orascom has also extended their operation into Brussels, Belgium through subsideries that are controlling and developing WiMax techonology, the future successor of the current WiFi wireless internet system.

External links

• Orascom Telecom's homepage
• Banglalink (Bangladesh)
• Djezzy (Algeria)
• Iraqna (Iraq)
• Mobilink (Pakistan)
• Mobinil (Egypt)
• Tunisiana (Tunisia)