- The price is right
In its bid to become "the Vodafone Airtouch of the region" July saw Orascom pay $737 million for a 15-year GSM licence in Algeria. The second placed bidder, Orange, offered $422 million, while Telefonica and Portugal Telecom both pulled out directly before the auction. Orascom was clearly determined to win ......
- New Horizons
Liberalisation occurred in earnest this year as the region's mobile sector, once dominated by monopolies, opened its shores to many new entrants. But it hasn't all been plain sailing This year it seems that much of the region has been defying current economic trends as operators snapped up new licences, ......
- North Africa Becomes Hot Market for GSM
The GSM marketplace in North Africa has emerged over the past year to become one of the most exciting new regions for the global mobile industry, according to wireless researcher EMC, part of the Informa Telecoms Group. Back-up statistics for the forecast were released during the fourth annual GSM in ......
- North Africa
North Africa has registered steady growth both in the public and private sectors. The stock markets of Egypt and Morocco have been especially active and Algeria can boast the continent's biggest company in terms of revenue. After South Africa, North Africa is the continent's most prosperous region in terms of ......
- WATANIYA SECURES ALGERIAN LICENCE
Kuwaiti operator Wataniya has bagged Algeria's third GSM licence with a winning bid of $421m, which was enough to see off rival bids from Telefonica and South Africa's MTN, who bid $409m and $375m respectively. Wataniya thereby extends its footprint to a fourth market after setting up shop in Kuwait, ......
- ALGERIA - Part 1 - Oil Output Keeps Rising.
For foreign investors in Algeria's petroleum sector, the situation keeps improving. Algeria's capacity to produce crude oil has risen to 1.45 b/d - excluding condensate and NGLs - and should exceed 1.5m b/d in late 2007, up from 1.2m b/d in early 2003. With the number of foreign E&P operators ......
- ALGERIA: Economic recovery gathers pace
Algeria's minister of financial reform, Karim Djoudi, reported in early April that exchange reserves had reached a new high of $61bn at the end of February 2006. This is an indication of the renewed strength of the Algerian economy.