In Telecom Africa

Monday, January 19, 2009

Orascom mulls ISP Business

Egypt's Orascom Telecom is considering merging its ISP LinkDotNet and mobile provider Mobinil. Arab Finance reported that broadband operator LinkdotNet is considering selling a majority stake to Mobinil, or alternatively merging with other companies operating in the internet sector. Alex Shalaby, Mobinil's chairman, noted that negotiations between the two operators had not reached a conclusion, and stressed that the mobile company was considering other acquisition possibilities. Mobinil's rivals Vodafone and Etisalat already own ISPs and work on integrated fixed and mobile services.  

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