Saturday 2 August 2014
Oger Telecom

Oger gives S Africa unit $180m to boost network

Oger Telecom, 35-per cent owned by Saudi Telecom, will inject $180 million into its South African subsidiary Cell C to improve the coverage and quality of the unit's network, the Dubai-based firm said. Cell C has about 13 per cent of t


Qatar makes approach for Oger Telecom stake

Qatar, eager to boost its footprint in Turkey, has made a takeover approach to the majority owner of Oger Telecom, which owns a controlling stake in Turk Telecom, sources said. Qatar has directly approached Saudi Oger - owned by the family


Saudi Telecom Q4 earnings flat

Saudi Telecom Company  saw its fourth-quarter net profit edge down 0.3 percent as foreign currency losses hit its annual income, but the operator still beat forecasts. The former monopoly holder made a net profit of 2.28 billion riyal


Saudi Telecom to buy Oger stake for $2.6bn

Saudi Telecom Co, the largest Arab telecom firm by market value, said it had agreed a $2.6 billion deal to buy 35 percent of Oger Telecom, gaining access to markets from Turkey to South Africa. Oger, controlled by the family of late Lebane


Oger Telecom revenues rise

Oger Telecom has announced its strong results for the year ended December 2006.  Oger Telecom reported total group revenues for the year of $5.79 billion ($6.86 billion on a proforma basis1) with an operating profit of $1.346 billion,

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