Orascom Telecom, Alfa back Arabcom 2010 Summit as Strategic Partners
- Lebanon: Thursday, May 13 - 2010 at 09:57
- PRESS RELEASE
Demonstrating its leadership strategy and as a major player in the global telecommunications market, Orascom Telecom Holding (OTH), together with Alfa, the first Lebanese mobile operator managed by Orascom Telecom since February 2009, announced their strategic partnerships with Arabcom 2010 Summit.
Orascom Telecom's Group CEO, Mr. Khalid Bichara, said, "Orascom Telecom is keen to support and provide opportunities for generating new leads and fostering deeper client relationships in the Telecom sector wherever it operates, as well as in the global telecom scene."
Bichara added, "Dealing with broadband convergence will help to create effective and modern communication tools among all sectors in society and social classes within the so-called "Global Village". Moreover, OTH believes that broadband technologies will move the Telecom sector towards an era where broadband will dominate the realms of both, communication and interconnections."
Mr. Marwan Hayek, Alfa's Chairman and CEO, commented on this partnership, "OTH's participation through Alfa in Arabcom 2010, as strategic partner, comes in line with its missions to shape the future of the markets in Lebanon and the region in order to create balances and to face challenges posted by the new economic order; in a time where the Broadband has become a necessity for socio-economic developments and a tool for tackling serious challenges in our world. Hayek added "Today, we are challenged by providing more audio-video transmission with high speed for better communication and social networking. Alfa capitalizes on OTH's expertise in the telecom field in order to deliver global and professional solutions for the GSM sector in Lebanon and keep our subscribers updated with digital and technological achievements in the sector."
Arabcom 2010, high-profile summit, attracts telecom ministers, regulators, investors, operators, industry leaders, experts, and service providers from across the globe. Its various sessions, this year, will highlight issues that are key to providing and developing Broadband and internet services. During the two-day summit, an exhibition will be held in parallel to the sessions of the conference where Orascom Telecom and Alfa will have a special booth that will showcase the importance of Orascom Telecom's presence in the Lebanese market as well as Alfa's new services.
"Orascom Telecom Holding" (OTH) is the international leading mobile operator in the Middle East, Africa and South Asia and counts almost 93 million subscribers.
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Alfa is the brand name of the first Lebanese mobile network managed by "Orascom Telecom Holding" (OTH) since February 2009.
Alfa capitalizes on OTH expertise in the telecom field in order to deliver a global and professional solution for the GSM sector in Lebanon. Alfa has over one million subscribers.
For more information: www.alfa.com.lb.
About Orascom Telecom:
Orascom Telecom is a leading international telecommunications company operating GSM networks in high growth markets in the Middle East, Africa and Asia, having a total population under license of approximately 510 million with an average mobile telephony penetration of approximately 49% as of December 31st, 2009. Orascom Telecom operates GSM networks in Algeria ("OTA"), Pakistan ("Mobilink"), Egypt ("Mobinil"), Tunisia ("Tunisiana"), Bangladesh ("banglalink"), North Korea ("koryolink") and Canada ("Wind Mobile") through its indirect equity shareholding in Globalive Wireless. In addition it has an indirect equity ownership in Telecom Zimbabwe (Zimbabwe) and through its subsidiary Telecel Globe; OTH also operates in Burundi, the Central African Republic and Namibia. Orascom Telecom had almost 93 million subscribers as of December 31st, 2009.
Orascom Telecom 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).
For more information visit www.orascomtelecom.com.
For further information, please contact:
Mireille Hleihel
Associate Account Executive
Weber Shandwick
1st Floor, Ashrafieh 784 Building - Sodeco
PO Box 116-5288 Beirut, Lebanon
Tel: +961 1 428 428
Fax: +961 1 398 646
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