[FT] A long-running and acrimonious battle between Egypt’s Orascom and France Telecom appears deadlocked as the two sides argue over the validity of a legal ruling that ordered control of their jointly run Egyptian mobile operator to be transferred to the French group.
Orascom Telecom and the former French monopoly have jointly controlled Mobinil, Egypt’s largest mobile operator, since 2001, but fell out over strategy.
France Telecom and Orascom at loggerheads over JV
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