Orascom has been a strategic shareholder in HTIL since it bought a 19.3% stake in the Hong Kong-listed mobile and fixed-line operator in December 2005. The two firms said at the time they would seek to cooperate within a number of areas, including the procurement of network equipment, software and information technology as well as on international roaming and transmission costs. Orascom also has two seats on the HTIL board.
Both companies provide mobile telecom services with a specific focus...
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