29 Jun 2012 07:00
Not for distribution directly or indirectly in the United States, Canada, Australia or Japan
Release of audited IFRS results for FY 2011
Cairo, June 28, 2012 Orascom Telecom Media and Technology Holding S.A.E. today releases its audited consolidated financial statements for the year ended 31 December 2011 prepared in accordance with IFRS and accompanied by an independent auditor's report. These have been filed on the National Storage Mechanism appointed by the Financial Services Authority and can be accessed at
http://otmt.com/InvestorRelations/FinancialResults/IFRS.aspx
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About Orascom Telecom Media and Technology Holding S.A.E
OTMT is a holding company that has investments in companies with operations mainly in Egypt, North Korea, Pakistan, Lebanon and other North African and Middle-Eastern countries. The activities of OTMT are mainly divided into its GSM, Media and Technology, and Cable businesses. The GSM activities include mobile telecommunications operations in Egypt, North Korea and Lebanon. The Media and Technology division consists of OT Ventures/Intouch Communications Service and the OT Ventures Internet portals and other ventures in Egypt, including LINK Development, ARPU+ and LINKonLINE. The Cable business focuses on the management of cable networks.
OTMT is traded on the Egyptian Exchange under the symbol (OTMT.CA, OTMT EY) and on the London stock exchange under the symbol (OTMT.LI, OTMTq.l)