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Orascom Telecom Sae (ORSTF)

- OTC 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), Telkom 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 | Comment!
  • 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 | Comment!
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Company Description
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