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  1. #22
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    Algeria’s second largest cellular operator by subscribers, Mobilis, has launched a new service for post-paid customers which offers unlimited calls to up to two favourite numbers. Customers who have lower fixed monthly payments will have free calls to one number, while higher paying users will be offered two favourite numbers. Mobilis claims almost seven million subscribers and almost 40% of Algeria’s wireless market. With well over 90% of its customers using pre-paid options the telco is keen to increase the proportion of more lucrative contract subscribers on its network.

    Mobilis launches unlimited option

  2. #23
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    From providing crucial communications support to election officials in the Democratic Republic of Congo to meeting the mobile satellite service needs of the African Union peacekeepers in Sudan's volatile Darfur region, Thuraya has been playing a major role in changing the way Africans communicate.

    In the six years Thuraya has been operating there, the region has witnessed excellent growth in the telecom sector with the company making rapid inroads into the market. Much of Thuraya's success in Africa was due to the high affordability and reliability of its products and services.

    For many African rural and remote communities Thuraya's payphones and Public Calling Offices provide the only link with the outside world while the popular handsets are mainly used by corporate clients.

    The agreement to provide support for the election in the DRC was one of several important steps Thuraya took this year to increase the company's focus on the vast, yet untapped, African market.

    They included the launching of a new tariff plan called AfricaTalk, beginning of commercial services in Angola, opening of a regional office in Kenya and the inauguration of a subsidiary in Algeria.

    AfricaTalk offers highly competitive call charges for prepaid subscribers in 18 countries. It is aimed at enabling more people to benefit from advanced satellite telecom services, and strengthening Thuraya's position as a telecom partner in the continent.

    In Angola, Thuraya is providing satellite-based solutions for mobile, rural telephony and broadband services.

    'Our service launch in Angola is the latest among several recent launches in African markets that signify our focus and commitment towards Africa,' Thuraya CEO Yousuf Al Sayed said at the time.

    Earlier in the year Thuraya opened a regional office in Nairobi, aimed at serving the East African market comprising Kenya, Angola, the DRC, Sudan, Ethiopia, Tanzania and several other countries in the region.

    The Nairobi office is working as a regional operations and logistics centre for Thuarya, supporting its wide distribution chain of Service Providers and International Service Providers. Thuraya already had a strong partnership alliance in Kenya through its local Service Provider, Indigo Telecom, which offers Thuraya products in the local market.

    Thuraya entered the Ethiopian market last year and appointed a Service Provider a few months ago in what is considered a major success for the Company.

    'Ethiopia has some 74 million people and less than one million land lines and around a half million GSM subscribers,' said Sultan Al Ghafli, Thuraya's Chief Commercial Officer.

    Sudan is another country that has a great potential for growth. Thuraya has five Service Providers and more than 10,000 active customers there. Recently the Company signed a deal to supply payphones to the African Union for use in Darfur.

    In June, the Company established Thuraya Satellite Algeria, a fully-owned subsidiary based in the capital Algiers. The new firm will allow Thuraya to work closely with the Algerian telecom sector in enhancing telecom services throughout the country.

    Thuraya Satellite Algeria will serve as a new hub for the North African region that includes Libya, Tunisia, Morocco, Niger and Mauritania. The choice of Algeria to host the new company showed Thuraya's keen interest and long-term commitment towards this key market.

    Thuraya brings people of Africa closer through low-cost communications

  3. #24
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    Algeria Telecom announced on Tuesday (October 17th) it would prolong the deadline of bids for its 20 billion-dinar public bond in response to a request from the eight participating banks. In September, the company fixed October 17th as final deadline for the five-year bond with yields ranging between 4% and 7.9%. The bond issue is part of the company's five-year plan to raise $3.8 billion for financing its expansion projects for the 2006-2011 period.

    Algérie Telecom recently announced a massive reduction of prices to expand its market share.

    Algeria Telecom prolongs 20 billion-dinar bond bid deadline

  4. #25
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    Wataniya Telecom, (The National Mobile Telecommunication Company), has mandated BNP Paribas to arrange for a $ 1billion, three year revolving credit facility, with an extension option of two years.

    BNP Paribas will act as the sole underwriter, arranger and bookrunner in connection with the facility. The facility will be syndicated to a select group of relationship banks.

    "We are very pleased with BNP's trust in our company. Their willingness to underwrite and pre-fund the facility prior to its syndication is yet another proof of the soundness of our investment strategy, and the great value we are create to our shareholders across our Kuwait and international operations. We intend to use the facility to finance our continued growth and expansion of our business," said Faisal Hamad Al Ayyar, chairman of Wataniya Telecom.

    "Wataniya Telecom has a sound investment track record; its financial and operational strengths make it an attractive partner. We have already been contacted by a number of interested regional and international banks that are willing to participate," said Bruno Pezzy, Director of Media and Telecom Finance of BNP Paribas.

    Wataniya Telecom manages investments and operations in Kuwait, Tunisia, Iraq, Algeria, the Maldives and Saudi Arabia, and serves approximately nine million customers in those countries. In September 2006, Wataniya International, Wataniya Telecom's wholly owned subsidiary, won the bid to build and operate the second mobile telecommunications network in Palestine.

    Wataniya Telecom granted $1 billion facility

  5. #26
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    The board of directors of international leader British Telecom has approved a decision to open an office and branch in Algeria to be considered as a regional representation later. British Telecom had already chosen Tunisia as a seat for its activity in the region. It has also decided to create a training academy for all telecommunications specialised fields and contribute in setting up an information and communication technologies village in Sidi Abdullah.

    Mr. Arslane Chikhaoui, the Algerian British Council member, told El Khabar that a British Telecom branch in Algeria is to open in the third week of November. All preparations about it have been done and authorizations from the Post and Information Technologies Ministry have been obtained. The first task of British Telecom is to accompany the privatization of Algerie Telecom and to manage the different projects to be achieved by the British Group. Its role is development, training, consulting and offering expertise and support and accompanying technology. British Telecom officials expressed reservations about the privatization choice during their last visit to Algeria.They advised the Algerians on the necessity of taking time and opting for the development and accompanying technology appropriate for the sensitivity of the sector.

    British Telecom to set up a telecom training academy

  6. #27
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    CAIRO (Reuters) - Egypt's Orascom Telecom said on Sunday it had signed a deal to raise its stake in its Algerian telecoms subsidiary by 7.91 percent for $399 million.

    The deal raised Orascom's total stake, directly and indirectly, in Orascom Telecom Algeria to 95.6 percent, OT said in a statement released through the Cairo stock exchange.

    "This transaction is a continuation of our strategy to consolidate our ownership in our strongest markets by buying out the minority shareholders, to increase growth, profitability and shareholder value," Chairman Naguib Sawiris said.

    OT said it bought the new shares from Emirates International Investment Company. The purchase was funded by internal cashflow and by drawing from a $2.5 billion corporate facility put in place earlier this year.

    Orascom Telecom Algeria operates the largest mobile phone network in Algeria. In partnership with Telecom Egypt, it also won a licence last year to run Algeria's second fixed-line network.

    Egypt's Orascom raises stake in Algerian subsidiary

  7. #28
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    At its closing on October 31st, Algeria Telecom's bond issue had raised $303.8m, APS reported CEO Slimane Kheireddine as announcing on Monday (November 6th). The issue was oversubscribed, adding 15% to the initial figure of 20 billion dinars, Kheireddine added. The bond issue was initiated in order to finance the company's plans to invest at least $4 billion by 2009 to meet its targets of 3 million ADSL customers, 6 million fixed-phone subscribers and 8 million mobile subscribers.

    Algeria Telecom bond issue raises $303m

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