Latest in Tag: Global Telecom Highlight
Latest in Tag: Global Telecom
Global Telecom’s share FV is EGP 4.93: Grant Thornton
Response rate for the offer 54%; 900m shares not called until end of yesterday’s session
Global Telecom settles $136m tax dispute
Veon declines GTH offer price to EGP 5.08m after new tax settlement
Global Telecom revenue declines despite organic growth, net losses magnified by impairments
Company reported net losses of $379m in Q3 2018 against $9m last year
GTHE minority shareholders to turn down Veon’s offer to acquire assets: Pharos report
Voluntary delisting, rights issue to close financing gap in cards
Global Telecom will pay $320m per year after repayment of VimpelCom loan
Company hopes for strong performance in Pakistan after a merger, expects pressure in Algeria
Global Telecom to launch 4G service in Algeria in last quarter of 2016
Djezzy, a subsidiary of Global Telecom, aims to launch fourth generation wireless services (4G) in Algeria this autumn, during the last quarter of 2016, according to an investment report by Global Telecom. The company explained that the 4G network is considered a major step towards supporting Djezzy’s situation after revenues declined during the second quarter …
Why mobile operators do not want Telecom Egypt playing their game
Telecom Egypt has acquired nearly 60% of telecommunications profits without a mobile licence
EGX targets breaking last week’s resistance level of 7,650 points
The EGX kept moving upwards during last week, registering a 1.76% rise as it increased from 7,453.1 points to 7,618 points.
Global Telecom loses $32m during Q3 of 2015
Djezzy revenues decline, exchange price most prominent cause
Global Telecom sells Burundi and Central Africa shares
Global Telecom planned to sell Telecel to another entity last year, but Econet Wireless Global was unable to complete the deal.
Egypt’s Global Telecom losses rise after Canadian writedown
Reuters – Global Telecom, the Egypt-based group formerly called Orascom Telecom, has fallen deeper into the red after taking a multi-million dollar impairment charge on its Canadian business following the latter’s withdrawal from a 4G spectrum auction. The group’s results coincided with earnings from 51.9% owner Vimpelcom, which were also impacted by events at the …