UNITED STATES       UNITED KINGDOM   FRANCE
Boston MA Ohio Milton Keynes  
Strategy Analytics Inc Strategy Analytics Inc Strategy Analytics Ltd. Strategy Analytics
199 Wells Avenue Suite 108   Bank House, 171 Midsummer Boulevard 15, rue Reaumur
Newton MA   Milton Keynes 75003 Paris
MA 02459   MK9 1EB France
USA USA United Kingdom  
Tel: +1 617 614 0700 Tel: +1 617 614 0716 Tel: +44 1908 423600 Tel: +33 1 53 40 99 50
Fax: +1 617 614 0799
  Map/Get Directions
Fax: +1 614 431 2343 Fax: +44 1908 423650
  Map/Get Directions
Fax: +33 1 53 40 99 59
  Map/Get Directions
       
      GERMANY
Los Angeles San Francisco Bay Area London  
Strategy Analytics Inc Strategy Analytics Inc Strategy Analytics : Teligen Strategy Analytics GmbH
3342 Wimbleton Drive 2610 Presidio Dr. Great West House, Great West Road Sebastiansplatz 5
Los Alamitos Brentwood Brentford D-80331 Muenchen
CA 90720 CA 94513 Middlesex, TW8 9DF Germany
USA USA United Kingdom  
Tel: +1 617 614 0719 Tel: +1 617 614 0732 Tel: +44 2081 850402 Tel: +49 89 51 51 35 0
  Fax: +1 925 308 7727 Fax: +44 2081 850419
  Map/Get Directions
Fax: +49 89 51 51 35 55
  Map/Get Directions
       
JAPAN   KOREA CHINA  
       
Strategy Analytics Inc Strategy Analytics Inc Strategy Analytics Inc  
Level 18 Yebisu Garden Place Tower 16F, Gangnam Bldg., 1321-1 59-2-102 Beijing Suncity  
4-20-3 Ebisu Shibuya-ku Seocho-dong, Seocho-gu No. 30 Litang Road, Xiaotangshan  
Tokyo 150-6018 Seoul, 137-070 Changping District, Beijing  
Japan Korea P. R. China 102209  
Tel: +81-3-5789-5935 Tel: +82 2 310 9122 Tel: +86 10 8975 5246  
  Fax: +82 2 757 7100 Fax: +86 10 8975 5246  
       
    TAIWAN  
       
PK & Wise Hinton Information Services  
6F J's Building 6F-3 #103 Rueihu Street  
1487-4 Seeocho-dong Seocho-gu Neihu  
Seoul 137869 Taipei 11494  
Korea Taiwan  
Tel: +82 2 597 8756 Tel: +886-2-27993110 ext. 319  
Fax: +82 2 598 9444 Fax: +886-2-27995560
close

close
 

Orange, Orascom Stalemated Over Mobinil



Losing Ownership of Egypt's #1 Operator Might Benefit Orascom in the Long Run

Boston, MA - 6 May 2009 - The control of Mobinil, the largest mobile operator in Egypt, remains in doubt, according to a recent report from the Strategy Analytics Emerging Markets Communications Strategies (EMCS) service. "Lessons of Mobinil: Can't Live With Partners, Can't Live Without Them," reviews the events that led to the currently unresolved ownership dispute between France Telecom-Orange and Orascom-and suggests that Orascom might actually be better off if it loses this battle.

Orascom, the Egyptian multinational operator that owned 35% of Mobinil, brought arbitration proceedings against Orange, which owned 36%, in an effort to obtain majority control. Ironically, the International Court of Arbitration ruled earlier this year that Orange should buy out Orascom, which would have resulted in Orascom receiving $1.7 billion, by its calculations, or $715 million, according to Orange.

"Obviously, Orascom doesn't want to get pushed out of its home market," notes Tom Elliott, Director of EMCS and the report's author, "but it may have better growth opportunities outside of Egypt, where it currently faces two strong competitors in a saturating market which will soon require significant infrastructure investment."

In recent years Orascom has been moving back into sub-Saharan Africa, and is said to be interested in opportunities in Morocco and Lebanon. Further afield, it has investments in Canada and is operating a mobile network in North Korea.

According to Phil Kendall, Director of the Wireless Networks Strategies service, "Orascom has activities under way that are going to require significant financing. In hindsight, it may prove that cashing out of Mobinil was the best thing it could have done."


Press release contact

Left User (492) Strategy Analytics
Phone number: +44 11 11
Email: Contact me
© 2019 Strategy Analytics