- Orascom Telecom Holding
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Orascom Telecom Holding S.A.E. 
Type Public (LSE: OTLD) Founded Cairo, Egypt (1998) Headquarters Cairo, Egypt [1] Key people Khaled Bichara, Executive Chairman, Ahmed Abou Doma, Group CEO Products Mobile networks, Internet Services Revenue 
$5.065 billion USD (2009)Parent VimpelCom Website www.orascomtelecom.com Orascom Telecom Holding S.A.E. is a leading international telecommunications company operating GSM networks in the Middle East, Africa, Canada and Asia. It started its operations in Egypt by launching the first egyptian mobile operator in 1998, (mobinil).
On April 15, 2011 VimpelCom Ltd. announced the closing of the combination of VimpelCom and Orascom Telecom/WIND Telecom SpA. Therefore VimpelCom will own, through WIND Telecom SpA, 51.7% of Orascom Telecom Holding SAE and 100% of WIND Telecomunicazioni SpA (WIND Italy) and will be the 6th largest mobile telecom provider in the world.[2]
Contents
Operator Companies in Africa, Canada, Asia and the Middle East
From 200,000 subscribers in 1998 to more than 101 million subscribers, through its parent company “Wind Telecom”, Orascom Telecom (OTH) established itself as a global brand. Operating in eleven emerging markets, the company has a population under license of approximately 517 million with an average mobile telephony penetration of approximately 48% as of December, 2010. Orascom Telecom operates GSM networks in Algeria ("OTA"), Pakistan ("Mobilink"), Egypt ("Mobinil"), Bangladesh ("banglalink"), Burundi (Leo Burundi), Namibia (Leo Namibia), Central African Republic (Telecel CAR), North Korea (“koryolink”) and Canada (“Wind Mobile”) through its indirect equity shareholding in Globalive Wireless and its indirect equity ownership in Telecel Zimbabwe (Zimbabwe). In 2009, the company was also awarded the management contract of one of the two Lebanese mobile telecommunications operators ("Alfa") from the government of the Republic of Lebanon.
OTH strategy
OTH has positioned itself as a leader in the region for its diverse GSM operations. OTH has achieved this by dedicating financial, technical and management resources for supporting its Operator Companies.
GSM Association
OTH established a strong presence in the GSM Association (the world's leading wireless industry representative body) only five years after its inception.
Orascom Stock
Orascom Telecom is traded on the Cairo & Alexandria Stock Exchange under the symbol (ORTE.CA, ORAT EY), and on the London Stock Exchange its GDR is traded under the symbol (ORTEq.L, OTLD LI).
Other Sectors
Orascom Telecom has other Non-GSM companies including Arpu+, Ring, and Mena Cables. It has also extended its operation into Brussels, Belgium through subsidiaries that are researching and developing WiMax techonology, the future successor of the current WiFi wireless internet system.
Wind Telecom S.p.A.
Orascom Telecom Holding parent company is Wind Telecom, formerly Weather Investments. Wind Telecom also owns Wind Telecomunicazioni S.p.A., the third largest mobile operator in Italy (bought May 2005).
See also
- Wind Telecom S.p.A.
- Orascom Construction Industries (OCI)
- Orascom Hotels and Development (OHD)
- WIND Mobile
References
External links
Categories:- Companies listed on the London Stock Exchange
- Arab Mobile phone companies
- Mobile phone companies of Egypt
- Companies of the Arab League
- Orascom Group
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