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france telecom

France Telecom buys Alcazar Capital’s stake in Orange Kenya

France Telecom now has a 60 percent stake in Orange Kenya after it purchased the 11 percent shares owned by Alcazar Capital, the company said. France Telecom did not disclose the amount made in the purchase. Local reports also said that...

Egypt’s Mobinil hopes for profitable 2013

Egypt’s leading telecom operator Mobinil has said that it hopes to begin to be profitable again next year, following a tumultuous two years since a popular uprising ousted former President Hosni Mubarak in February 2011. The company made this statement after Egypt’s regulator...

Morocco’s Inwi to extend postpaid services, top-ups

Moroccan telecom operator Inwi announced that it has launched a new modular service range to allow users to choose the option that suits their needs instead of having to pay for services they are not using.   The move is seen...

Orange Kenya CEO willing to step down

Orange Kenya CEO Mickael Ghossein said he would step down at the Kenyan Treasury’s request, but said no such request had been made. Ghossein’s comments come after the government demanded more representation within the company's management as a precondition for additional...

Orange Kenya needs $120m bailout

Telecom operator Orange Kenya has asked the government for a KES 10 billion ($120 million) bailout, news reports revealed on Wednesday. The move comes as the company continues to incur massive debts following its 2007 buyout by France Telecom. Orange made a...

France Telecom sells Ugandan tower network

France Telecom (FT) Orange Uganda, yesterday announced the sale of their wireless tower network in Uganda to Eaton Towers. FT expanded their African footprint in recent months by purchasing majority shares in Egypt’s Mobinil and other subsidiaries such as Orange...

France Telecom confirms plan for 500 000 new users

France Telecom on Friday confirmed earlier reports that the company was looking to boost its Kenya operations by adding some 500,000 new users to its network by the end of the year. The company also called on the regulator...

France Telecom confirms Mobinil stake increase

France Telecom will increase its ownership of leading Egyptian telecommunications giant Mobinil, both companies announced earlier on Monday. The deal comes after several weeks of discussion with Orascom surrounding the Egyptian telecommunications company's future. France Telecom agreed to invest €1.5...

France Telecom to increase Mobinil ownership

Egypt's Orascom Telecom Media and Technology said board members are negotiating the future of Egyptian telecommunication giant, Mobinil, with France Telecom. France Telecom is set to increase their stake in the Egyptian company. Naguib Sawiris, Orascom CEO, may still keep...

Safaricom appoints new technical director

Kenya’s top telecommunications company Safaricom appointed Thibaud Rerolle as the new technical director, completing the company’s reorganization plans that began last year in an effort to reduce management and increase efficiency. Rerolle comes from rival France Telecom’s Orange Dominican and...
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Google & Mercedes-Benz Transform In-Car Navigation with AI

Google and Mercedes-Benz have announced a pioneering partnership to expand the MBUX Virtual Assistant with AI-powered conversational search capabilities. Built...
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