Browsing: Orascom

Egypt’s telecommunications giant Orascom Telecom says its fully owned subsidiary, Telecel Globe, has finalised a deal to sell its Namibian unit Powercom to Investec and Nedbank. A statement from Orascom on Thursday said the

MTN has formally ended talks with Weather Investments, the parent of Egypt’s Orascom Telecom, dealing another blow to the SA-based cellphone group CEO Phuthuma Nhleko. The termination of the talks with Orascom’s parent brings to the three the number of high profile but failed potential deals that Nhleko has tried unsuccessfully to pull off in the past tw