Company analysis: Orascom Telecom Holding

Considering the success of our previous post related to Zain’s potential valuation and it’s company profile, we have decided to publish some additional company profiles of top-notch telecom companies across the World. This is the turn of Orascom Telecom Holding (OTH).

OTH is considered among the largest and most diversified network operators in the Middle East, Africa, and South Asia, although has recently acquired licenses to operate mobile services in North Korea and Canada. Orascom Telecom is a leading mobile telecommunications company operating in emerging markets having a population under license of 430 million with an average penetration of mobile telephony across all markets of approximately 44%.

OTH operates GSM networks in countries such as Egypt (MobiNil), Algeria (Djezzy), Pakistan (Mobilink), Tunisia (Tunisiana), Bangladesh (Banglalink), Zimbabwe (Telecel Zimbabwe), Namibia (CellOne) or North Korea (Koryolink). OTH had exceeded 79 million subscribers as of September 2008. A detailed company analysis can be seen bellow:

As you can red in our detailed assessment, OTH has positioned itself as a leader in the region for its diverse GSM operations with various GSM support and Internet operations. One of OTH’s main strategies is to create its own non- GSM subsidiaries to act as a backbone of support for its regional GSM operations.

OTH has achieved this by dedicating financial, technical and management resources for supporting its subsidiaries. This includes network support and installation of GSM operations, equipment procurement, handset procurement and distribution companies, Value Added Services, and Internet operations. OTH is dedicated to providing the best quality services to its customers, value to shareholders and a dynamic working environment for its nearly 20,000 employees.

Relevant links:

1. Orascom telecom site: http://www.orascomtelecom.com/

2. OTH Profile: http://www.google.com/finance?q=LON%3AOTLD