VOL. XLIV

No 36

3-September-2001

EGYPT

Orascom Signs 420Mn Deal With Alcatel

The Egyptian telecoms firmOrascom Telecom (OT) has signed a 420mn ($384mn) with Frances Alcatel for thedelivery of a part of the new GSM network in Algeria for which it won thecontract earlier this year. OT will commence the installation of the newnetwork in October. Commenting on the move, Alcatels Michel Rahier, the presidentof the companys mobile networks activities, said that taking this step intoAlgeria is a major...