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Kaltenmeyer (talk | contribs) Adding local short description: "Multinational telecommunication company based in Egypt", overriding Wikidata description "multinational telecommunication company based in Egypt" (Shortdesc helper) |
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== History ==
In 1997, Orascom Telecom Holding (OTH) was established as
In 2010, Russian Vimpelcom acquired Orascom Telecom as well as Wind Telecomunicazioni from Weather Investments of the Egyptian entrepreneur Naguib Sawiris and merged the two companies to form Global Telecom Holding based in [[Cairo]]. Excluded from this transaction were the activities in North Korea (Koryolink) and Egypt, which were transferred to Orascom Telecom Media and Technology Holding, which remained majority-owned by Naguib Sawiris. The Italian activities of Wind Telecomunicazioni report directly to the parent company Vimpelcom and are not part of Global Telecom Holding.<ref name="Reuters">{{cite web |last1=Kiselyova |first1=Maria |last2=Dziadosz |first2=Alexander |work=Reuters |url=https://www.reuters.com/article/us-vimpelcom-orascom/vimpelcom-in-6-6-billion-deal-to-buy-orascom-wind-idUSTRE6934N020101004 | title=Vimpelcom in $6.6 billion deal to buy Orascom, Wind |date=2010-10-04 |access-date=2021-12-30}}</ref>
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