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Orascom boss eyes M&A in Bangladesh
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Orascom Telecom Holding’s group CEO Khaled Bichara says the firm is ready to make a merger play in Bangladesh, where it operates no. 2 cellco Banglalink.
“We’ll either buy someone or merge with someone by holding the majority stake, as we’re…a size that is big enough [to do that] for the Bangladesh market,” Bichara told the Daily Star. (more…)
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Orascom Telecom has had no official tax claim from Algeria
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Orascom Telecom has had no official tax claim from Algeria
By Shereen El Gazzar, contributing to Dow Jones Newswires
Algerian press reported local telco could receive bill for over $250 million.
Orascom Telecom Holding said Tuesday it hasn’t received any official requests from the Algerian government to pay a $250 million tax claim for 2008 and 2009.
“Orascom Telecom Algeria didn’t receive any official demands from the Algerian authorities regarding this matter,” Orascom Telecom said in a statement on the stock market’s website. (more…)
France Telecom and Orascom Telcom Holdings have ended their legal dispute over Egyptian operator, Mobinil.Both parties, who jointly share control of Mobinil, have agreed to pursue a new shareholder agreement that would end the two year long dispute, according to BusinessWeek.com.
By Abdel Latif Wahba and Mahmoud Kassem
April 15 (Bloomberg) — France Telecom SA and Orascom Telecom Holding SAE agreed to end a 2 1/2-year-old legal dispute about their ownership of the Egyptian Co. for Mobile Services.
The two companies, which jointly control the telecoms operator better known as Mobinil, will implement a new shareholder agreement without changing the company’s ownership structure, they said in a statement. “We have agreed to end the legal dispute,” Hani Serie-el Din, Orascom’s lawyer, said in Cairo after a meeting between the two companies yesterday. (more…)
The successful restructuring of the organization of Wind Telecomunicazioni S.p.A is just some of the many things for which Khaled Bichara has become respected for.
A graduate of the American University in Cairo, few people will question Khaled Bichara’s ability to read the trend of business market and adapt to the situation accordingly. With a major in computer science and a minor in business administration, Khaled Bichara has accumulated over the last 15 years a wealth of experience that very few people can boast of having. (more…)
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Bichara has tough act to follow Sawiris at Orascom
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Sawiris By Ingrandirla
When at 25, Khaled Bichara started out as chairman of LINKdotNET he knew that he would have a problem. For most people, a 25 year old CEO of the company was not a very common event. According to Khaled Bichara, during the early years of his company’s growth he was always probed by potential investors or customers whenever he ran into them. More often than not, they would ask him where the GM of the company was.
“They wanted an old gray-haired person to talk to.” Explains Khaled Bichara. (more…)
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Leading the Charge of Information Technology and Communication
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Khaled Bichara is the current Group Chief Executive Officer (CEO) of Orascom Telecom Holding. Khaled Bichara’s appointment was announced in November 2009 and came 7 months after his promotion to Chief Operations officer by the same company. (more…)
The secret to Khaled Bichara’s success is Khaled Bichara himself.
A graduate of the American University in Cairo with a major in Computer science and a minor in business administration, Khaled Bichara’s influence in matters involving telecommunication and information technology can easily be seen. (more…)
Mr. Khaled Bichara is widely viewed as being one of the major contributors to the development of telecommunication and information technology in the Middle East and beyond. Khaled Bichara is currently the CEO of Orascom Telecom, the biggest operator of GSM services in Africa and the Middle East. The company is also a reputable telecom provider in parts of Asia, Europe and North America. (more…)