OrasComTelecom.com
Title
Welcome to Orascom Telecom Web Site
Description
Orascom Telecom Holding S.A.E. (“Orascom Telecom”) or (“OTH”) was established in 1998 and has grown to become a major player in the telecommunication market in the world. OTH is considered among the largest and most diversified network operators in the Middle East, Africa and Pakistan. It is a leading mobile telecommunications company operating in seven emerging markets in the Middle East, Africa and South Asia having a population under license of 460 million in total population with an average penetration of mobile telephony rate across all markets of 11.5%. Orascom Telecom operates GSM networks in Algeria ("Djezzy"), Egypt ("Mobinil"), Pakistan ("Mobilink"), Iraq ("IraQna"), Bangladesh ("Banglalink"), Tunisia ("Tunisiana") and Zimbabwe (“Telecel Zimbabwe”). Orascom Telecom subscriber number reached over 35 million subscribers as of March, 2006.
OTH continuing growth established a strong presence in the GSM Association (the world's leading wireless industry representative body), only four years after its inception. OTH's Chairman and CEO Mr. Naguib Sawiris was selected to join the GSM Association’s CEO Board in 2002. This association's members help in promoting and planning the future of the GSM industry. OTH stocks are traded on the Cairo and Alexandria Stock Exchange (CASE), (under the symbol ORTE.CA, ORAT EY) and London Stock Exchange (where its GDR is traded under the symbol ORTEq.L, OTLD LI). Orascom Telecom is the largest capitalized company on the Cairo and Alexandria Stock Exchange (CASE).
Mobinil, in Egypt was Orascom Telecom’s first operation. The Egyptian Company for Mobile Services (ECMS) was granted a GSM license in 1998 and launched the same year. Mobinil is among Egypt’s five largest companies by market capitalization. It is also among Egypt’s five most heavily traded companies by value. Mobinil’s network covered approximately 91% of the total population of Egypt as of March, 2005. "Mobinil Life" was launched in September 2003 in partnership with sister companies ARPU+ and LINKdotNET which cater to value added services and internet respectively. Mobinil offers both prepaid and postpaid packages and as of September 2005, prepaid subscribers represented approximately 85% of Mobinil's total subscribers. Mobinil served approximately 7 million subscribers as of March, 2006, representing a market share of approximately 52% of the Egyptian mobile market.
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