Orange Egypt
 | |
Native name | اورنچ مصر |
|---|---|
| Formerly | Mobinil |
| Company type | Société Anonyme Égyptienne |
| EGX: OREG | |
| Industry | Telecommunications |
| Founded | May 1998 |
| Founder | Naguib Sawiris |
| Headquarters | , |
Area served | Egypt |
Key people | |
| Revenue |  E£3.3 billion[1] (Q1 2018) |
 E£3.3 billion[1] (Q1 2018) | |
| Total assets | E£27.4 billion[1] (Q1 2018) |
| Total equity | E£12.6 billion[1] (Q1 2018) |
Number of employees | 152,000 (2017) |
| Parent | Orange S.A. |
| Website | orange |
Orange Egypt (Egyptian: اورنچ مصر, Orange Maṣr[2]), formerly Mobinil,[3] is the first mobile network operator in Egypt, founded on March 4, 1998. Orange provides voice and data exchange services, as well as 4G,[4] 3G, ADSL and broadband internet.
Network and coverage
Orange Egypt has:[5]
- 99,299 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.
Orange was the first mobile carrier in Egypt to extend its network services to underground stations, having installed 17 Micro BTSs covering stations in Cairo in addition to the Al Azhar Tunnel.[5]
Orange has international roaming agreements with 348 operators in 135 countries, being the first in Egypt to establish roaming agreements with the US and Canada, as well as non-GSM operators in South American countries including Argentina, Brazil and Peru.
Orange Egypt offers roaming with satellite operators such as Al-Thuraya.
Orange claims that its coverage extends to more than 99% of the Egyptian population.
Orange has recently been announced Egypt's Speedtest Awards Winner for mobile network speed during Q3-Q4 2017. Orange achieved a Speed Score of 15.97, making it the fastest mobile network in Egypt.[6]
Market share
As of October, 2017, Orange has about 33.5 million active subscribers from almost 110 million mobile subscribers in Egypt.
Recent changes
On September 21, 2011, Yves Gauthier has been appointed the new chief executive officer (CEO) of Mobinil, a change that took effect on November 15 of the same year. This followed the resignation of Hassan Kabbani.
On February 13, 2012, Orange S.A. 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 S.A. acquired 94 percent of Mobinil, buying most of the shares it did not already own from its local venture partner, 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). OTMT agreed to keep a 5 percent stake in Mobinil.[7]
In February 2015, an agreement was reached between Orange S.A. and OTMT, where OTMT, then holder of 5% of Mobinil's shares, sold all of its shares and voting rights in the company to Orange S.A., thus raising Orange's ownership in Mobinil to 98.92%.
On March 8, 2016, Mobinil was officially rebranded to Orange.
On October 14, 2016, Orange acquired the fourth-generation (4G) internet services licence after signing a $484-million agreement with the national telecom regulator.[8]
By late 2016, Orange started offering 4G internet services.
On May 1, 2018, Yasser Shaker was appointment as the CEO of Orange Egypt.[9]
On June 26, 2018, Orange announced that they would be providing new 4G+ internet services to their users.[10]
Disputes
In November 2017, Orange Egypt have reached a final and mutual agreement with Telecom Egypt over disputes related to interconnection, infrastructure and international gateway services.[11]
See also
References
- ^ a b c d "Financial indicators in Egypt" (PDF). Orange. 2018-03-13. Retrieved 2018-03-13.
- ^ http://masri.freehostia.com
- ^ "Orange replaces Mobinil as rebranding hits final stages". Digital Boom. 2016-02-28. Retrieved 2017-10-03.
- ^ "Orange Egypt signs 4G licence deal worth $484 million – Digital Boom". Digital Boom. 2016-10-14. Retrieved 2017-10-03.
- ^ a b "Orange Egypt- Shop for Mobile Phones, Lines, Internet Plans, Apps, Music". www.mobinil.com. Retrieved 2018-08-13.
- ^ "Speedtest Awards logo". www.speedtest.net. Retrieved 2018-08-13.
- ^ "France Telecom acquires 94 pct of Egypt's Mobinil". Reuters. 2012-05-27. Retrieved 2013-08-04.
- ^ "Orange Egypt acquires 4G licence in $484 mln deal - Economy - Business - Ahram Online". english.ahram.org.eg. Retrieved 2018-08-13.
- ^ Shaker, Yasser. "CEO - Orange Egypt for Telecommunications". www.orange.eg. Retrieved 2018-04-30.
{{cite web}}: Cite has empty unknown parameter:|dead-url=(help) - ^ "Orange Egypt on Instagram: "استمتع بتجربة إنترنت أفضل مع اسرع شبكة 4G+ من اورنچ"". Instagram. Retrieved 2018-08-13.
- ^ TeleGeography. "Telecom Egypt and Orange Egypt agree to end raft of legal disputes". telegeography.com. Retrieved 2017-12-04.
