Orascom Telecom Company Description
Orascom is like a wireless oracle for the developing world. Orascom Telecom Holding (OTH) is a leading provider of wireless communications services in the Middle East, including Egypt, Pakistan, and Bangladesh. The GSM (global system for mobile communications) network operator has more than 35 million subscribers. Since it was founded in 1998, the company has expanded and reshaped its holdings through a long series of acquisitions. The company's 2000 listing on the Cairo and Alexandria Stock Exchange set a record at the time as Egypt's largest IPO. The family of chairman Naguib Sawiris owns 57% of the company.
View the Comprehensive Company Description for Orascom Telecom
The Company Description provides a historical perspective of Orascom Telecom's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Orascom Telecom's evolution in the marketplace.
