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By Alexander Dziadosz

CAIRO, Aug 16 (Reuters) – Egypt’s Orascom Telecom (ORTE.CA: Quote) may hear from Algeria’s government within a week or two about starting talks to buy the mobile firm’s lucrative Djezzy unit, but not before, an executive said in remarks published on Monday.

Algeria is the top revenue earner of Orascom’s far-flung units and selling it or solving its regulatory problems, which worsened after clashes between Egypt and Algeria soccer fans last year, is seen as vital to the firm’s future cash flows. (more…)

Djezzy · Orascom Telecom