Egypt

Text4Change: There Is An App For That

Submitted by Jennifer L. Schenker on February 13, 2011

One only has to look at events in the Middle East in recent weeks to understand the role of mobile phones in fomenting change. “It is impossible to silence the civil rebellion in Egypt because access to the internet gives people a voice,” Israeli President Shimon Peres said in a recent speech. “The younger generation will arm themselves with iPhones instead of stones.”Read more

France Telecom Dispute With Orascom Over Egyptian Operator Widens

Submitted by Jennifer L. Schenker on May 27, 2009

The Egyptian Capital Market Authority on May 27  rejected a proposal made by France Telecom for a tender offer to shareholders of the Egyptian Company for Mobile Services, the formal name of the company commonly known as Mobinil, at 237 Egyptian pounds per share. This price represents a 58% premium on the 5 April 2009 closing price (the last price before the arbitration ruling was announced) and a 43% premium on the latest 6-month weighted average.Read more

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