Orascom Telecom SaeOTC Markets
ORSTF is defunct.
  • Sep. 3, 2013, 4:49 PM
    • African mobile subscriptions (863M as of Q2) are set to expand at a 6.6% CAGR to 1.25B by 2018, according to ABI Research.
    • Due to "lower comparative 3G penetration of 13.8%," 3G subscriptions are forecast to grow from 114M in 2013 to 210M in 2015. By 2018, the continent is expected to have 51.2M LTE subscriptions, up from a mere 200K in Q2 and representing a CAGR of 118%.
    • Major African carriers such as Vodafone (VOD), VimpelCom (VIP), MTN Group (MTNOY.PK),┬áTelkom SA (TLKGY.PK), Orascom (ORSTF.PK), and Maroc (MAOTF.PK) stand to benefit from the growth, which easily surpasses that seen in most developed markets.
    | Sep. 3, 2013, 4:49 PM | 3 Comments
  • Mar. 23, 2011, 7:15 AM
    Egyptian stocks are trading again after circuit breakers halted activity with shares down  9.9% moments into the first session in nearly 8 weeks. A local investment firm is bracing for a 25% fall over the coming weeks, bringing the PE ratio of the market to just 7,
    | Mar. 23, 2011, 7:15 AM
  • Mar. 22, 2011, 12:26 PM

    The Egypt ETF (EGPT -5.4%) is selling off sharply for a 2nd day. With Egyptian shares about to start trading again, could investors be blowing out of an ETF which is selling at nearly a 20% premium to NAV?

    | Mar. 22, 2011, 12:26 PM | 1 Comment
  • Nov. 22, 2010, 8:27 AM
    Egypt-based mobile phone carrier Orascom Telecom (ORSTF.PK) will sell its 50% stake in its Tunisian subsidiary to Qatar Telecom for $1.2B in cash and debt. With 68M subscribers, Qtel says it plans to become one of the top 20 global telecoms.
    | Nov. 22, 2010, 8:27 AM