September 25, 2016 4:30 AM ET

Wireless Telecommunication Services

Company Overview of Mobinil Telecommunications S.A.E.

Company Overview

Mobinil Telecommunications S.A.E. provides wireless telecommunication services in Egypt. The company was founded in 1998 and is based in Cairo, Egypt. As of July 1, 2002, Mobinil Telecommunications S.A.E. operates as a subsidiary of Orange.

Nile City Building

2005C, Corniche El-Nil

Ramlet Boulaq

Cairo,  11221

Egypt

Founded in 1998

Phone:

20 2 574 7000

Fax:

20 2 574 7111

Key Executives for Mobinil Telecommunications S.A.E.

Interim Chief Executive Officer, President and Director
Chairman and Executive Vice President
Age: 59
Director of Legal
Director of Information Technology
Compensation as of Fiscal Year 2016.

Mobinil Telecommunications S.A.E. Key Developments

Naguib Sawiris Reportedly Mulls Sale Of ECMS Stake

Naguib Sawiris is planning to sell stake in The Egyptian Company for Mobile Services SAE (CASE:EMOB) (ECMS). He plans to sell off the 5% stake he holds in ECMS via Orascom Telecom Media and Technology Holding S.A.E. (CASE:OTMT). According to Ahram Online, the Executive cited poor internal management of Verizon Wireless Inc (cellco) by Orange (ENXTPA:ORA), as the main reason for selling. When asked if rumors that he was to divest his holding in Mobinil Telecommunications S.A.E. were true, with reference to Orange's management of ECMS he was cited as saying, “But of course; they ruined the company, very big companies tend to be like public sector companies.”

Similar Private Companies By Industry

Company Name Region
Egyptian Company for Mobile Towers Services Middle East/Africa
Etisalat Misr S.A.E. Middle East/Africa
Mobinil Telecommunications S.A.E. Middle East/Africa
Telecel Globe Limited Middle East/Africa
Telecel International Limited Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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