Orascom ups ownership

7 Mar 2005

Orascom Telecom has increased its stakes in its Tunisian and Algerian mobile subsidiaries by 22.03% and 23.07% respectively. The purchases doubles the Egyptian holding company’s stake in Orascom Telecom Tunisia (Tunisiana) and leaves it with a 85.21% share in Orascom Telecom Algeria (Djezzy GSM).