Orascom’s Sawiris dubious on VimpelCom merger (UAE)

Editor Mobile

As per reports, citing Orascom majority owner Naguib Sawiris, the chances of completing a $6.6 billion merger between Orascom and Russian mobile operator VimpelCom were at best 50%. The report quoted that Norway’s Telenor, which owns nearly 40% of VimpelCom, was not motivated to see out the merger, which faces barriers in Algeria as well as regulatory issues in other …

EditorOrascom’s Sawiris dubious on VimpelCom merger (UAE)