ECMS

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.

Orascom rejects Mobinil buyout again

Egyptian carrier Orascom Telecom has rejected yet again an offer from France Telecom to buy out minority shareholders in leading Egyptian mobile operator Mobinil.

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