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| Orascom is one of the most diverse telecoms players to come out of emerging markets in recent years, with operations from Algeria to North Korea. With a strong focus on value, it is experienced at entering and exiting markets, and is good at delivering high returns for its stakeholders. It has been hit hard financially by unfavourable exchange rate fluctuations, but has managed to maintain its margins via cost-reduction programmes. Orascom is well-positioned for future subscriber growth, with good growth still achievable in many of its more developed markets and its new markets growing quickly. |
