orascom telecom holding s.a.e. ("oth")

orascom telecom holding s.a.e. ("orascom telecom" or "oth") was established in 1998 and has grown to become a major player in the global telecommunications market. oth is considered among the largest and most diversified network operators in the middle east, africa, and south asia. orascom telecom is a leading mobile telecommunications company operating in eleven emerging markets having a population under license of 498 million with an average mobile telephony penetration of approximately 46% as of 31st december 2008. orascom telecom operates gsm networks in algeria ("ota"), pakistan ("mobilink"), egypt ("mobinil"), tunisia ("tunisiana"), bangladesh ("banglalink"), and north korea ("koryolink"). oth has an indirect equity ownership in globalive wireless which has been granted a spectrum license in canada. oth was also awarded the management contract of one of the two lebanese mobile telecommunications operators ("alfa") from the government of the republic of lebanon. through its subsidiary telecel globe, oth also operates in burundi, the central african republic, namibia and zimbabwe. orascom telecom had over 88 million subscribers as of september, 2009.
oth’s first operation was the egyptian company for mobile services commonly known as ("mobinil"). mobinil is a market leader serving over 24.2 million subscribers representing a market share of 43.6% (as of september 2009). mobinil is one of egypt’s five largest companies on cairo & alexandria stock exchange ("case") in terms of market capitalization.
in september 2004, oth purchased 100% of sheba telecom (pvt.) limited in bangladesh. oth re-branded and launched its services as "banglalink" in february 2005. immediately after the launch, oth started its aggressive plans to develop banglalink into a leader in the mobile sector by rapidly expanding its gsm network to provide high quality communications services at affordable prices. banglalink serves over 12.1 million subscribers with 24.2% market share (as of september 2009).
in the beginning of 2009 oth has been awarded the management contract of alfa, one of two lebanese mobile telecommunications operator, owned by the republic of lebanon. the management contract extends for one year and is renewable for another year. under this contract, oth is required to increase the number of subscribers of alfa from around 600 thousand at the end of 2008 to around 1 million at the end of 2009.
koryolink is the first 3g mobile network to operate in the democratic people’s republic of korea ("dprk") and is established as a joint venture between oth (75%) and korea posts and telecomm corp. (kptc) (25%). oth was awarded the license to establish a 3g mobile network in dprk in january 2008. koryolink will deliver world-class voice and data communication services to the people of the dprk.
oth established a strong presence in the gsm association (the world’s leading wireless industry representative body) only five years after its inception. oth’s chairman and ceo, mr. naguib sawiris, was selected to join the gsm association’s ceo board in 2002. oth is traded on the cairo & alexandria stock exchange under the symbol (orte.ca, orat ey), and on the london stock exchange its gdr is traded under the symbol (orteq.l, otld li).
vision
to become one of the world’s leading telecom operators providing the best quality services to our customers, value to our shareholders and a dynamic, challenging and fun environment for our employees.
mission statement
to satisfy all communication needs of the developing markets which they serve. it is our belief that there is viable economic model to serve emerging markets while availing affordable quality. we are racing to serve the largest possible number of customers, covering the most populous countries in the world. we believe that by positioning ourselves as the primary provider of communication services, we are shaping the future of the markets we serve.
