Orascom Telecom Holding (S.A.E.)

News and overview for Orascom Telecom Holding (S.A.E.)

Research and Markets: 3Q09 Bangladesh Mobile Operator Forecast, 2009 - 2013 [Press Release]
Business Wire | 25 days 21 hours 54 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/31a8dc/3q09_bangladesh_mo) has announced the addition of IE Market Research Corp.'s new report "3Q09 Bangladesh Mobile Operator Forecast, 2009 - 2013" to their offering.

Orascom Telecom 9 Months Profit Up 6% To $365M
Wall Street Journal, The | 9 days 15 hours 13 minutes ago
CAIRO (Dow Jones)--Orascom Telecom Holding, or OT, the largest Arab mobile firm by subscribers, said Sunday its net profit for the first nine months of 2009 rose around 6% year-on-year to $365 million.

UPDATE: Orascom Telecom 3Q Net Profit Up On Local Currency Stabilization
Wall Street Journal, The | 9 days 13 hours 14 minutes ago
(Adds details from statement, background) CAIRO (Dow Jones)--Orascom Telecom Holding, or OT, the largest Arab mobile firm by subscribers, said Sunday its net profit for the third quarter of 2009 almost doubled as local currencies in countries where the firm operates stabilized against the dollar.

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Company Overview

Company:	Orascom Telecom Holding (S.A.E.)
Industry:	Wireless Network Operators
Website:	http://www.otelecom.com

Orascom Telecom Holding (OTH) provides wireless communications services in the Middle East and beyond. Its serves more than 70 million subscribers with GSM-based networks in Egypt (Mobinil), Tunisia (Tunisiana), Algeria (Djezzy), Pakistan (Mobilink), Bangladesh (Banglalink), and Zimbabwe (Telecel). Orascom's mobile service operations account for the majority of its revenues, but the company also provides Internet service, as well as network installation and support, procurement, and distribution services under the Link brand. The family of founder Naguib Sawiris owns a controlling stake in Orascom.

Key Numbers

Sales in U.S. Dollars (mil.)	5,327 (2008)
One-year % Growth in Sales	12.7 (2008)
Net Income in U.S. Dollars (mil.)	431 (2008)
One-year % Growth in Net Income	-78.7 (2008)
Number of Employees	20,000 (2007)
One-year % Growth in Number of Employees	0.0 (2007)
Fiscal Year-End	December