Thursday, July 5, 2012

Orascom in talks to manage Libyan cellcos

According to an unverified report by Egyptian news website Alborsa, telecoms tycoon Naguib Sawiris has indicated that his Orascom Telecom Media and Technology (OTMT) holding company is actively pursuing management contracts for Libya’s two state-owned mobile operators, Libyana and Al Madar Telecomm Company. Sawiris told Alborsa that OTMT is currently conducting talks regarding management contracts and the reactivation and development of the two firms' networks. Further, Sawiris said that OTMT's interest could potentially exceed a management contract if the Libyan government displays an interest in privatising the cellcos.


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OVETEL Orascom in talks to manage Libyan cellcos

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