
Shereen El Gazzar
Orascom’s Algerian unit is in talks with Algerian Central Bank.
Orascom Telecom Algeria, or Djezzy, a mobile operation owned by Orascom Telecom said that it is negotiating with the Algerian Central Bank to introduce mobile banking services, Egyptian daily Al Mal reports Wednesday, quoting Tamer Al Mahdi, Chief Executive Officer of Djezzy.
Al Mahdi also said that Orascom Telecom is considering an initial public offering, or IPO, for Djezzy in the Algerian Stock Exchange, the paper reports.
He also told the paper that Djezzy is considering applying for a voice over internet protocol, or VoIP, license in Algeria, since there is a possibility that the Algerian government will offer these licenses in the near future.








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