Orange Egypt is an Egyptian joint stock company under the Law No. 8 of 1997 "Investment Guarantees and Incentives Law and its executive regulations", was established on the 4th of March 1998. The issued capital of the Company is one billion Egyptian Pounds distributed as hundred million shares, the value of each share is 10 Egyptian Pounds, the company's capital distributed as follows:
- 98,922,559 shares (98.92% of the company’s capital) owned by MT Telecom SCRL (a wholly owned by Orange Group).
- 1,077,441 shares (1.08% of the company's capital) owned by a minority shareholders (free float).
Orange is one of the world's leading telecommunications operators with a turnover of €40.9 billion in 2016 and 154,000 employees as of the 31th of March 2017, 95,000 of them in France. Present in 29 countries, the Group had a total customer base of 265 million customers worldwide as of the 31th of March 2017, including 203 million mobile customers and 19 million fixed highspeed broadband customers. Orange is also a leading provider of telecommunication services to multinational companies under the Orange Business Services brand. In March 2015, the Group presented its new strategic plan, "Essentials2020", which places customer experience at the heart of its strategy with the aim of allowing them to benefit fully from the digital universe and the power of its highspeed networks.
Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN).For more information (on the internet and on your mobile):
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Orange and any other Orange product or service named in this press release are trademarks of Orange or Orange Brand Services Limited.