PARIS/CAIRO: France Telecom has finalized a deal to buy most of its partner's stake in Egyptian mobile operator Mobinil for €1.5 billion ($2 billion), leaving the venture with 95 percent French ownership but significant Egyptian board and management (...)
PARIS: Al Jazeera, best known for its Middle Eastern news coverage, is taking aim at Europe's pay-TV market, using sport to build a global media brand, just as owner Qatar is raising its profile by hosting the 2022 World Cup.
The broadcaster is (...)
BARCELONA: Poor infrastructure, fragmented markets and stiff competition mean Africa poses risks as well as potential rewards for telecom operators hunting for growth in countries like oil-rich Nigeria and post-revolution Libya and Tunisia.
With (...)
BARCELONA: Qatar Telecom is keen to expand via acquisitions while also growing organically in countries like Tunisia, Algeria, and Iraq where its existing mobile and fixed networks need major investment, its CEO told Reuters.
Nasser Marafih, who (...)
PARIS: France Telecom said it had reached a preliminary accord to buy out most of Egyptian tycoon Naguib Sawiris' stake in their jointly owned telecom operator Mobinil, in a deal that will see the French group pay out about €1.5 billion, according (...)
PARIS: Europe's biggest satellite operator Eutelsat is more accustomed to staking out territory in outer space than worrying about earthly politics, but this year it was plunged into the thick of the Arab Spring.
The company has benefited as (...)
PARIS: France Telecom aims to continue its expansion in the emerging markets of Africa and the Middle East via two or three acquisitions a year, but will not bid for Syria's mobile license, an executive told Reuters.
Elie Girard, executive (...)
PARIS: Telecom gear maker Alcatel-Lucent is taking market share from rivals in Europe, but sees risks in some fast-growing Middle East markets because of political unrest, the executive who oversees the regions said.
"We are growing in Europe, (...)
PARIS: France Telecom said it and Orascom Telecom held high-level discussions in the past week to find a resolution to their prolonged battle for control over Mobinil, Egypt s major telecoms operator.
France Telecom deputy chief executive (...)