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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]
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 ]
Orascom Telecom Holding was established in 1997, and then Orascom Telecom Media and Technologies, in 2011, until the recent rebranding as Orascom Investment Holding S.A.E. (OIH), of which he is the Managing Director and CEO. [3] In August 2012, Sawiris was appointed chairman of La Mancha Holding. [5]
A telecommunications company (historically known as a telephone company) is a company which provides broadband and/or telephony services. The telecommunications companies of the Middle East and Africa are listed below:
Onsi Sawiris founded Orascom in 1950 that has grown into a conglomerate of companies including Orascom Telecom Holding (أوراسكوم للإتصالات), and Orascom Technology Solutions (OTS) (أوراسكوم للتكنولوجيا), both run by Naguib Sawiris, Orascom Construction Industries (OCI) (أوراسكوم للإنشاء ...
Wind Telecom S.p.A. (formerly Weather Investments S.p.A.) was an Italian telecommunications holding company owned by the multinational VimpelCom Ltd., originally controlled by Egyptian billionaire Naguib Sawiris. [1] It operated through its subsidiaries Orascom Telecom, Wind Hellas and Wind Telecomunicazioni until December 2017, when it merged ...
Orascom Telecom argued that the Algerian government’s actions constituted an expropriation of its assets, a claim that would require compensation under international investment agreements. The Algerian government, on the other hand, insisted that it was merely enforcing national laws and regulations and that Orascom’s complaints were unfounded.
Koryolink (Korean: 고려링크, styled as koryolink) is a North Korean wireless telecommunications provider. The company is a cellular operator held by Cheo Technology, a joint venture between Orascom Telecom Media and Technology Holding (OTMT) which holds 75% of the shares, and the state-owned Korea Post and Telecommunications Corporation (KPTC).