Latest in Tag: Global Telecom Highlight

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Latest in Tag: Global Telecom

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 …

Mohamed Ahmed

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 …

Daily News Egypt

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