Orascom Telecom
latest news & developmentsMTN shares surge after Orascom talks fail
Shares in Africa’s biggest cellphone operator, MTN, rose more than 4% on Thursday after the collapse of talks with Egypt’s Orascom Telecom.
MTN in talks to buy Egypt’s Orascom Telecoms
South Africa’s MTN Group confirmed on Wednesday it is in talks with Orascom Telecom’s parent to buy the Egyptian firm, or some of its assets.