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In 1997, Orascom Telecom Holding (OTH) was established as a separate entity to consolidate the telecommunications and technology interests of the Orascom group of companies established in 1976. [4] Founded in 1998 as part of the Orascom company, it became the largest cellular operator in the Middle East in only five years. [5]
Management decided to split Orascom into separate operating companies in the late 90s: Orascom Telecom Holding (OTH), Orascom Construction Industries (OCI), Orascom Hotels & Development and Orascom Technology Systems (OTS). [3] Orascom Telecom Holding was established in 1997, and then Orascom Telecom Media and Technologies, in 2011, until the ...
The Sawiris family (Coptic: ⲥⲉⲩⲏⲣⲟⲥ) is an Egyptian Coptic Christian [1] family that owns the Orascom conglomerate, spanning telecommunications, construction, tourism, industries and technology.
Raya is owned by Vodafone Egypt, Nileonline and Egynet are now owned by Etisalat, TEdata is owned and operated by the oldest telecom company in the region telecom Egypt and link.net is owned by Orascom telecom. On January 27, 2011, almost all internet connectivity to Egypt was shut off by the Egyptian government. [4]
Then, in June 2007, Orascom further purchased the remaining shares under Saif Group’s control to become Jazz’s 100% owner. In 2010, Dutch operator VEON agreed to acquire most of the telecom assets of Orascom, including Jazz, in a $6.5 billion deal, creating the world’s fifth-largest mobile network operator by subscriber base. [5]
Telecel Zimbabwe began operating in 1998. It was formed as a partnership between Telecel International, which is a subsidiary of Cairo-based Orascom Telecom Company, a telecommunications company with operations in Europe, Africa, Asia, the Middle East and North America which in turn is owned by telecommunications giant VEON, and the Empowerment Corporation, which is a consortium of Zimbabwean ...
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