Mobinil

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Mobinil
Public
Industry Telecommunications
Founded May 1998
Headquarters Cairo, Egypt
Key people
Yves Gauthier (CEO) / Alex Shalaby (Chairman)
Products Mobile phone services
Revenue Increase 10.3 billion (2012)[1]
Parent Orange S.A.
Slogan Always Together.
Website www.mobinil.com

Mobinil (The Egyptian Company for Mobile Services) is one of Egypt's three mobile phone operators. Founded in 1998. The company is majority-owned and fully consolidated by Orange S.A., which owns 98.92% of the shares,[2] and 1.08% free float.

Mobinil was the first telecom company to receive ISO 14001 certificate in Egypt and the Middle East. It has also obtained official renewal of the ISO 14001 for the fifth consecutive year and also obtained the certification of OHSAS 18001.[3]

Market share[edit]

As of December 2012, Mobinil has 33.8 million subscribers.[1]

Network and coverage[edit]

Mobinil has:[3]

  • 4,299 sites
  • 36 switches
  • 4503 mobile BTSs with:
    • 1. Built-in echo cancellers on all switches
    • 2. EFR voice clarity enhancement
    • 3. State-of-the-art antennas

Mobinil was the first GSM in Egypt to extend its network services to:[3]

  • Underground stations, having installed 17 Micro BTSs covering stations in Cairo.
  • Al Azhar Tunnel
  • Coverage extends to more than 99% of the Egyptian population.
  • Mobinil has international roaming agreements with 348 operators in 135 countries
  • Mobinil was the first to establish roaming agreements with the US and Canada, as well as non-GSM Operators in South America extending its services to countries such as Argentina, Brazil, Peru, and The Philippines, to name a few.
  • Mobinil offers roaming with satellite operators such as Al-Thuraya.

Recent changes[edit]

On October 17, 2007, Tarek Kamel (Minister of Communication and Information Technology & Chairman of NTRA) as well as Dr. Amr Badawy (NTRA's Executive President) signed the 3G license agreement, giving Mobinil the green light to start 3G services. Representing Mobinil, the agreement was signed by its chairman at the time, Naguib Sawiris, and Eskandar (Alex) Shalaby (Mobinil's President & CEO).[4]

As of September 1, 2008, Alex Shalaby has been appointed chairman and Hassan Kabbani CEO of Mobinil.

On September 1, 2008, Mobinil has officially announced the start of its 3G operations and the launch of the Largest and Newest mobile network in Egypt, after teaming up with the global telecommunication manufacturers Nokia Siemens Networks and Huawei for the 3G roll out

On September 21, 2011, Yves Gauthier has been appointed the new chief executive officer (CEO) of Mobinil, a change that will be effective starting November 15. This follows the resignation of Hassan Kabbani.

On February 13, 2012, Orange announced its intent to buy Sawiris' biggest share in Mobinil for about $2 billion which could be the end of the long-standing dispute between the company's major shareholders.

On May 27, 2012, Orange acquired 94 percent of Mobinil. Orange bought most of the Mobinil shares it did not already own from its local venture partner, Sawiris's Orascom Telecom Media and Technology (OTMT). Orange executed its purchase of 93.9 million shares of the 100 million outstanding at a pre-agreed price of E£202.5 each, for a total transaction value of E£19 billion ($3.15 billion). Sawiris agreed to keep a 5 percent stake in Mobinil.[5]

In February 2015, an agreement was reached between Orange and OTMT where OTMT, then holder of 5% of Mobinil's shares, sold all its shares and voting rights in the company to Orange SA, thus raising Orange's ownership in Mobinil to 98.92%.

See also[edit]

References[edit]

  1. ^ a b "Financial indicators in Egypt". Orange. 2013-06-13. Retrieved 2013-08-10. 
  2. ^ "Shareholders". Mobinil. Retrieved 2013-08-04. 
  3. ^ a b c Mobinil – Company Profile
  4. ^ Mobinil – media
  5. ^ "France Telecom acquires 94 pct of Egypt's Mobinil". Reuters. 2012-05-27. Retrieved 2013-08-04. 

External links[edit]