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Syrian contracts awarded to Investcom and SyriaTel

and the Syrian-Egyptian SyriaTel were awarded 15-year Build-Operate-Transfer (BOT) licenses to expand Syria’s mobile phone ... and the Syrian-Egyptian SyriaTel were awarded 15-year Build-Operate-Transfer (BOT) licenses to expand Syria’s mobile phone ... government $20 million each for frequencies and waves they will be using. Investcom and SyriaTel are also ...

15/08/2010 - 16:23 - comment 0

Orascom Telecom obtains court injunction against local partner in SyriaTel

Drex, its local partner company in SyriaTel Mobile Telecom.    In May-end, a Syrian court has ... due to Syriatel. On April 6, 2002, Syria’s Drayah Civil Court appointed two official receivers to manage Syriatel. OT then appealed against the ruling and announced that it was involved in a management ...

15/08/2010 - 14:05 - comment 0

Orascom completes ownership pull out from Syriatel

of its stake in Syriatel after settling a Orascom Telecom Holding (OTH), ... transaction to dispose of its stake in Syriatel after settling a legal dispute with its local shareholder, ... and Syrian jurisdictions.    OTH will no longer hold any shares in Syriatel and will receive cash ...

15/08/2010 - 12:38 - comment 0

Orascom Telecom settles lingering dispute with Syriatel

announced the settlement of the legal dispute with DREX Technologies, OTH’s partner in Syriatel.    ... shares in Syriatel and will receive cash consideration to compensate for OTH’s initial investment, loans made to Syriatel and expenses incurred.     OTH will continue to provide management expertise ...

15/08/2010 - 12:39 - comment 0

Orascom granted another freeze injunction against Syrian partner

process between OTH and its local partner company in SyriaTel Mobile Telecom, the Austrian court has ... assets OTH. The verdict was issued in a dispute over a $49 million payment due to Syriatel. On April 6, 2002, Syria’s Drayah Civil Court appointed two official receivers to manage Syriatel. OT then appealed ...

15/08/2010 - 13:57 - comment 0

Egypt: Brief corporate news

Orascom Telecom –OT (ORTE.CA) announced that its subsidiary SyriaTel was awarded a $20 million BOT agreements for a GSM 900MHz network in Syria. On another ... announced that its subsidiary SyriaTel was awarded a $20 million BOT agreements for a GSM 900MHz network ...

15/08/2010 - 16:23 - comment 0

Lebanese Company Co-Wins Bid for Syria\'s Mobile Phone Network

company, SyriaTel, the Lebanese Investcom company has recently won a bid for operating Syria\'s mobile Together with the Syrian-Egyptian mobile phone company, SyriaTel, the Lebanese Investcom company has ... of the Lebanese Meeqati group.  SyriaTel was the first GSM license to launch in Syria. It launched a promotion ...

19/05/2010 - 09:54 - comment 0

Orascom Telecom’s Syrian assets frozen under court order

million payment due to Syriatel, one of the two A Syrian court has ordered ... in a dispute over a $49 million payment due to Syriatel, one of the two mobile licensees in Syria in which OT ... official receivers to manage Syriatel. OT then appealed against the ruling and announced ...

15/08/2010 - 14:17 - comment 0

Assad profiteering from the Syrian crisis: refugees call home on regime's network

The Syriatel network, owned by Assad crony, Rami ... refugees can use their own mobile phones to catch the Syriatel signal, the largest mobile network in Syria, enabling them to call home to loved ones. Syriatel is owned by Rami Makhlouf , one of President ...

Editor's Choice - 16/01/2013 - 12:15 - comment 0

Nizar Darwish Appointed as Jordinvest’s Assistant Executive Vice President for Corporate Finance

experience in corporate finance, notably the Initial Public Offerings of the SyriaTel Mobile Co. and Jordan ...

18/05/2010 - 13:24 - comment 0