France Telecom to pay $300m settlement fee to Orascom

28 April 2010

France Telecom has announced it will pay Egypt's Orascom Telecom $300m in a settlement deal over ownership of MobiNil, Egypt's largest mobile operator by subscribers, Reuters has reported. Mobinil will also acquire Orascom internet assets LINKdotNET and Link Egypt for $130m under the terms of the final deal, France Telecom said.

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