Russia, Egypt In $6.6 Billion Telecom Deal
Moscow, Russian Federation (AHN) – In what could become the world’s fifth-largest telecommunications carrier, Russian and Egyptian telecom giants have agreed to a $6.6 billion deal to merge their assets.
The agreement, which will see 174 million customers worldwide, has been signed between Russian telecom giant Vimpelcom and Weather Investments, and Egyptian telecom tycoon Naguib Sawiris’ Orascom Telecom.
The accord will allow Vimpelcom to take over 100 percent of Italian mobile operator Wind Telecomunicazioni S.p.A. and 51.7 percent of Egypt’s Orascom Telecom Holding S.A.E, which serves Asia, Africa and Canada.
The shareholders of Weather Investments, meanwhile, will acquire an 18.5 percent voting stake in Vimpelcom and around $1.8 billion in cash.
After the merger, the new company will jointly operate in 20 countries, covering 850 million people in Europe, Asia, Africa and North America.
The agreement does not include Wind’s Greek operation.
View full post on Economy, Business And Finance Stories
- Delta’s $1.2B Terminal Expansion at New York’s JFK Begins
- Worrying signs for Iraq’s stability as U.S. pulls out
- Personal Loan For Tenants-Loans For The Tenants
- Meeting Financial Motives With Quick Personal Loans
- Bad Credit Title Loans – The Loan Depo
- Loans Until Payday In Order To Avail Speedy Funds
- Online Cash Advance Loans – How To Apply Today And Receive Up To $1,500 Tomorrow
- Payday Loans: Free Yourself From Lengthy Documentations
- McGuinty, Ford Hold First One-on-One Meeting
- Best Unemployed Personal Loan Deals – A Feasible Bureau of Funding
Comments
7 Responses to “Best Unemployed Personal Loan Deals – A Feasible Bureau of Funding”
Leave a Reply
This site is amazing! I’m going to put this in my bookmarks before I misplace the link, I don’t think I’ll ever make it back again otherwise!
Have you ever tried a kettlebell workout?
It’s the best way to lose fat and get in shape.
This really is very ridiculous but I truly do believe that it might have some achievement. In any case, they do have the best userbase for this new venture. If you have time.Please enter my blog best rated laptops
Good article, thanks. I signed to RSS on this blog.