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Orange Egypt for Telecommunications (OREG)

Last update: 17 November 2021 00:29 PM market time.
10.89
-0.98
-8.53%
Open 11.49
Previous Close 11.49
High 11.00
Low 10.51
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Volume 2,945
Turnover 32,078.95
All data are 15 minutes late during market session

News

An agreement was signed to settle some commercial disputes
21 December 2020 11:52 AM Telecom Egypt inks several commercial deals with Orange Egypt
Cairo – Mubasher: Telecom Egypt announced signing several agreements with Orange Egypt with the aim of improving their commercial and service quality terms.   The two telecom operators inked an amendment to their mobile-to-fixed termination …
Etisalat Misr came in the second position with an average data speed of 28 Mbps
15 July 2020 00:52 PM Orange tops Egypt’s mobile data service providers in May
Cairo – Mubasher: Orange Egypt topped mobile operators in data services in Egypt in May for the 11th month in a row, according to a report released by the National Telecom Regulatory Authority (NTRA). The average data speed of Orange Egypt reached …
Orange among the 4 biggest French companies investing in Egypt
12 February 2020 10:05 PM Orange to invest EGP 4bn in Egypt in 2020
Cairo – Mubasher: Orange Egypt for Telecommunications is planning to pump around EGP 4 billion investments in Egypt during 2020 to develop and upgrade infrastructure all over the country. The newly-announced investments will see the company’s …
The disputes are related to the rates of mobile calls between different mobile networks
9 September 2019 04:34 PM Egypt’s NTRA inks settlement deals with 3 mobile operators
Cairo – Mubasher: Egypt’s National Telecom Regulatory Authority (NTRA) signed settlement agreements with mobile operators Orange, Vodafone, and Etisalat to end ten-year disputes. Mobile operators previously appealed NTRA’s decisions concerning the …
The company also aims to invest around EGP 3.8 billion into its network in 2019
18 March 2019 04:13 PM Orange Egypt mulls refloating stake on EGX in 2019
Cairo – Mubasher: Orange Egypt for Telecommunications is considering floating a stake on the Egyptian Exchange (EGX) again, the company’s CEO and managing director said. The telecom Egyptian subsidiary of France-based Orange has invested around …
Orange Egypt will launch these services in Tatweer Misr’s Fouka Bay in North Coast by next June
20 February 2019 03:20 PM Orange Egypt to introduce triple play services in Tatweer Misr’s Fouka Bay
Cairo – Mubasher: Tatweer Misr on Wednesday announced the signing of a partnership agreement with Orange Egypt to provide triple-play services for one of the real estate firm’s three projects in Egypt. Upon the agreement, Orange Egypt will launch …
Orange Egypt to invest EGP 250m in renewable energy
29 January 2019 06:55 PM Orange Egypt to invest EGP 250m in renewable energy - CEO
Cairo – Mubasher: Orange Egypt for Telecommunication is planning to invest around EGP 250 million ($14.18 million) in Egypt’s renewable energy sector, CEO Yasser Shaker said on Tuesday. Speaking at an Egyptian-French business meeting, organised by …
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24 November 2018 00:27 AM Orange expects to avoid losses in 2019
Cairo - Mubasher: Orange Egypt no longer forecasts that it will achieve losses next year, according to the company’s CEO Yasser Shaker. Shaker noted that the company’s activity grew 8% during the third quarter of the year, as reported by the …
The telecom firm has incurred losses of EGP 234.9 million in the nine-month period ended September
21 October 2018 11:53 AM Orange Egypt incurs EGP 234.9m loss in 9M
Cairo – Mubasher: Orange Egypt for Telecommunication reported an 87% year-on-year drop in consolidated losses during the first nine months of 2018 on the back of a growth in sales. The telecom firm has incurred losses of EGP 234.9 million in the …
The EGM approved to buy shares of shareholders negatively affected by the optional write-off
26 September 2018 11:21 AM Orange Egypt’s EGM nods to delist from EGX
Cairo - Mubasher: The extraordinary general meeting (EGM) of Orange Egypt for Telecommunication has agreed to optionally write off the company's shares from the Egyptian Exchange (EGX). The EGM approved to buy shares of shareholders negatively …
The telecom sector index on the EGX has fallen by 39.76% since the beginning of the year.
13 September 2018 04:22 PM Will Egypt’s telecom sector lose glamour on market challenges?
By: Heba El-Kordy Cairo - Mubasher: The challenges facing the telecommunications sector in Egypt have recently increased, along with losing some of its key powers in the Egyptian Exchange (EGX), raising the question of whether investing in the …
The telecom firm has suffered losses of EGP 252.5 million in the six-month period ended June
25 July 2018 01:12 PM Orange Egypt trims H1 loss by 77%
Cairo – Mubasher: The financial indicators of Orange Egypt for Telecommunication showed a 77% year-on-year drop in consolidated losses during the first half of 2018, helped by sales growth. The telecom firm has suffered losses of EGP 252.5 million …
“The three agreements will support Orange in its leadership of providing telecom services of high quality”
10 July 2018 11:53 AM TE, Orange ink 3 telecom service agreements
Cairo – Mubasher: Telecom Egypt (TE) and Orange Egypt announced signing three telecom agreements in an effort to continue providing the customers with the best offers and international services. The two telecommunications firms inked an initial …
Consolidated profits amounted to EGP 15.9 million in the three-month ended March 2018
26 April 2018 00:06 PM Orange Egypt turns profitable in Q1
 Cairo – Mubasher: The financial indicators of Orange Egypt have shown it turned a profit during the first quarter of 2018. Consolidated profits amounted to EGP 15.9 million in the three-month ended March 2018, against losses of EGP 300.6 million …
This comes in light of the dispute over interconnection fees between both companies
22 April 2018 02:41 PM Cairo court rejects Orange Egypt's EGP 500m fine against Etisalat Misr
Cairo – Mubasher: Orange Egypt plans to file an appeal against Cairo Appeal Court’s ruling for turning down fining Etisalat Misr with EGP 500 million. This comes in light of the dispute over interconnection fees between both companies, Deputy CEO …
Orange is keen on increasing its investments in Egypt
18 April 2018 06:00 PM El Sisi, Orange CEO in talks over collaboration
Cairo – Mubasher: Egyptian President Abdel Fattah El Sisi has met with Orange chairman and CEO Stéphane Richard to discuss bilateral collaboration to enhance services provided to Egyptian citizens. El Sisi commended the French telecom giant’s …
The Egyptian unit of the French telecoms firm has the largest customer base
18 April 2018 11:22 AM French Orange to boost investments in Egypt - CEO
Cairo – Mubasher: French multinational telecom company Orange has raised capital in Orange Egypt to EGP 16.4 billion last January in a bid to boost its investments in the Arab world's most populous country, CEO Stéphane Richard said. Richard …
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5 April 2018 07:39 PM Orange Egypt agrees EGP 7bn loan
Cairo - Mubasher: Orange Egypt for Telecommunications has signed a seven-year contract with eight banks for a loan totalling EGP 7 billion. The telecom operator signed the financing agreement with the Commercial International Bank (CIB), National …
Net loss stood at EGP 1.65 billion last year
21 February 2018 01:38 PM Orange Egypt losses fall 35% in 2017
Cairo – Mubasher: Orange Egypt on Wednesday reported a 35.3% year-on-year drop in its unaudited consolidated losses for 2017. Net loss stood at EGP 1.65 billion last year, against EGP 2.55 billion in 2016, the company said in a filing to the …
The deal will allow TE to better monetise its current investments in the fiber network
21 February 2018 10:52 AM TE, Orange Egypt ink bitstream services deal
Cairo – Mubasher: Telecom Egypt (TE) has signed a three-year agreement with Orange Data to provide infrastructure and transmission services. The agreement was signed by TE’s managing director and CEO Ahmed El Beheiry and Orange Egypt’s CEO …
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25 January 2018 06:21 PM TE to benefit from recent legal settlements
Cairo - Mubasher: Telecom Egypt (TE) has settled a number of legal disputes over the last two months, which is expected to positivelt affect tits financial performance. TE’s stock is expected to go up by as much as 36%, supported by resolving the …
Who benefits from Orange - TE settlement?
3 December 2017 04:32 PM Who benefits from Orange - TE settlement? - Analysis
By: Heba El-Kordy Cairo – Mubasher: Orange Egypt for Telecommunications and Telecom Egypt (TE) were able to sort out their long-lasting disputes over EGP 74 million. Analysts expressed different opinions on the impact of the settlement on both …
Orange Egypt signed an EGP 74m settlement agreement with TE
23 November 2017 02:10 PM Orange Egypt settles EGP 74m disputes with TE
Cairo – Mubasher: Orange Egypt for Telecommunications has signed an EGP 74 million settlement agreement with Telecom Egypt on Thursday. Orange Egypt has paid EGP 72 million, in addition to EGP 2 million, to settle its international arbitration and …
Orange Egypt to settle EGP 72m arbitration with TE
22 November 2017 00:43 PM Orange Egypt to settle EGP 72m arbitration with TE
Cairo – Mubasher: Orange Egypt for Telecommunications will pay EGP 72 million to settle its international arbitration with Telecom Egypt (TE). The board of Orange Egypt has agreed on signing a settlement agreement in November to resolve all of the …
Orange Egypt’s sales grew to EGP 9.3 billion during the first three quarters
22 October 2017 01:08 PM Orange Egypt losses rise 12 fold in 9M
Cairo – Mubasher: Orange Egypt for Telecommunications on Sunday posted a sharp rise in consolidated losses by 1,231% year-on-year in the first nine months of 2017. The telecom operator suffered EGP 1.7 billion ($9.6 million) in losses during the …