Bloomberg News

Orascom Telecom Media to Seek Holders Approval on Sale March 1

February 13, 2012

Feb. 13 (Bloomberg) -- Orascom Telecom Media & Technology Holding SAE said it will invite a shareholders meeting March 1 to seek approval for the sale of its 29 percent stake in Egyptian Co. for Mobile Services to France Telecom at 202.5 Egyptian pounds a share.

The Cairo-based company made the statement in a filing to the Egyptian bourse today.

To contact the reporter on this story: Ahmed A Namatalla in Cairo at

To contact the editor responsible for this story: Inal Ersan at

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