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 16 320 723 540 (only sixteen billion three hundred twenty million seven hundred and twenty-three thousand five hundred and forty) Egyptian Pounds distributed over 1 632 072 354 shares (only one billion and six hundred and thirty-two million seventy-two thousand three hundred and fifty-four shares), the value of each share is 10 (Ten) Egyptian Pounds, the company's capital distributed as follows:
- 1,622,048,639 shares (99.39% of the company’s capital) owned by MT Telecom SCRL (a wholly owned by Orange Group).
- 10,023,715 shares (0.61% of the company's capital) owned by a minority shareholders (free float).
Orange is one of the world’s leading telecommunications operators with sales of 41 billion euros in 2017 and 152,000 employees worldwide at 31 December 2017, including 93,000 employees in France. Present in 29 countries, the Group has a total customer base of more than 273 million customers at 31 December 2017, including 211 million mobile customers and 20 million fixed broadband customers worldwide. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the Orange Business Services brand. In March 2015, the Group presented its new strategic plan Essentials2020, which places customers’ 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 new generation 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 all other Orange products or services mentioned in this press release are trademarks owned by Orange or Orange Brand Services Limited.