Home / Orascom joins forces in Canadian deal

Orascom joins forces in Canadian deal

Middle East telecom giant joins consortium to deliver new wireless operator covering 26mn people.

Middle East mobile phone giant Orascom Telecom has announced its involvement in a consortium to deliver a new Canadian wireless operator.

The Cairo-based firm, one of the largest mobile phone operators in the Middle East, said on Tuesday the consortium had provisionally won AWS spectrum in Canada.

OT, which joined forces with Globallive Communications in the bid, said the new wireless operator was the "high bidder on spectrum across every region of Canada, with the exception of Quebec" with a population coverage of 26 million.

It said the total cost of the bid stood at approximately C$442 million following an auction starting in May initiated by the federal government to increase competition in Canada's wireless market.

Orascom Telecom said it was waiting for the final regulatory approval for the licence.

Follow us to get the most comprehensive technology news in UAE delivered fresh from our social media accounts on Facebook, Twitter, Youtube, and listen to our Weekly Podcast. Click here to sign up for our weekly newsletter on curated technology news in the Middle East and Worldwide.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.

CHANNEL AWARD 2018