Legal shifts may have spurred Sawiris to extend Oi’s reorg plan to June
Egyptian billionaire Naguib Sawiris’ Orascom Telecom Media and Technology has laid out a deadline for Brazilian telco Oi to arrange an ...
Tag: Orascom Telecom Media and Technology (OTMT)
Oi’s creditors leery of new restructuring plan as proposal turns sour
The new restructuring plan Oi (BMV:OIB4) is set to present to bondholders is likely to be quashed. Oi’s creditors, represented by ...
Orascom to sell submarine cable unit to Bharti Airtel as it pursues Oi
Egyptian billionaire Naguib Sawiris’ Orascom Telecom Media and Technology has agreed to sell its Middle East and North Africa submarine cable unit MENA-SCS to ...
Orascom names new CEO and CFO, Naguib Sawiris to step down
Egyptian TMT tycoon Naguib Sawiris has tendered his resignation as CEO of Orascom Telecom Media and Technology and is set to be replaced by COO ...
OTMT contends dispute with financial regulator is harming business
Egyptian TMT tycoon Naguib Sawiris’ Orascom Telecom Media and Technology (OTMT) has said a dispute with the Egyptian Financial Supervisory Authority ...
Sawiris open to investing in Oi if granted exclusivity
Egyptian TMT tycoon Naguib Sawiris has reportedly said he is willing to invest in Brazilian telco Oi, which filed for ...
OTMT submits binding offer to buy CI Capital
Orascom Telecom Media and Technology Holding has submitted a binding offer to acquire 100% of Cairo-based financial services group CI Capital Holding from Commercial ...
Zain and Orascom retain Lebanese management contracts, for now
The Lebanese telecoms ministry has extended Zain and Orascom’s respective contracts to manage local mobile operators Touch and Alfa for another month, amid ongoing political uncertainty. The ...
OTMT offer for CI Capital accepted
Orascom Telecom Media and Technology Holding has had a non-binding offer to acquire Cairo-based CI Capital Holding accepted as it continues its push ...
Lebanese mobile contract tender collapses
The Lebanese Telecoms Ministry has called off its mobile contract tender, which only attracted two bidders for the country's two state-owned ...
