Mobinil to offer stake as parent Orange looks at regional expansion

Egyptian operator Mobinil is set to list up to 15 per cent of its stock or sell a stake to a local partner, according to parent Orange. Mobinil is 99 per cent owned by Orange, and the company’s chief executive …

The post Mobinil to offer stake as parent Orange looks at regional expansion appeared first on Mobile World Live.

Orange buys out Orascom stake in Egypt’s Mobinil

Orange Group, in a deal worth a shade under €210 million, exercised a call option to purchase all shares and voting rights held by Orascom Telecom Media and Technology (OTMT) in the Egyptian Company for Mobile Services (ECMS), which runs …

The post Orange buys out Orascom stake in Egypt’s Mobinil appeared first on Mobile World Live.