Orange to buy out Orascom in Egypt’s Mobinil
Orange has announced it has entered into an agreement to buy out Orascom Telecom Media and Technology (OTMT) in the Egyptian Company for Mobile Services (ECMS), which operates under the Mobinil brand.
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buy-out
Telecom Italia set to buy out broadcasting division
Telecom Italia has announced it is planning to buy out its media division of which it already owns 78%. The telco said the incorporation of Telecom Italia Media (TI Media), which has been publicly traded for over a decade, has been approved by board members on the basis of simplifying and rationalising the group structure.
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