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Posts Tagged ‘profit margins’

  • Orascom Telecom reports second quarter loss

    August 13, 2011 • Mobile and TelecomsComments Off on Orascom Telecom reports second quarter loss

    Egypt’s Orascom Telecom, the parent company of the second largest mobile operator Mobinil, reported a net loss of $58.5 million for the second quarter, despite an upsurge in the short-term revenues. Orascom Telecom was purchased by Russia’s Vimpelcom in...