Orascom given one week to reveal details of Mobinil deal

04 May 2010

Egypt's Financial Supervisory Authority (EFSA) has said that Orascom Telecom has one week to disclose further details of the Mobinil deal reached with co-owner France Telecom, Reuters has reported. The regulator said it wanted to know how the companies calculated a $300m settlement fee being paid to Orasocm and an Orascom put option price.

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