OTMT is a holding company that has investments in companies with operations mainly in Egypt, North Korea, Lebanon, Pakistan and other North African and Middle-Eastern countries. The activities of OTMT are mainly divided into its GSM, Media and Technology, and Cable businesses, having recently expanded its lines of operations into the new fields of Energy, Financial sector, the Real Estate, Agri-Industries, Entertainment and the Logistics.

Koryolink

A joint venture between OTH and the state-owned KPTC and included as part of the assets held by OTMT following the demerger. OTMT holds, a 75% stake in the joint venture with KPTC. The company is North Korea’s only 3G Mobile operator. By June 2011, koryolink’s network covered more than 75% of North Korea’s population (estimated at 24.5 million).

Being the first company of its kind and scale in North Korea, koryolink established many precedents; a first of its kind call center to provide customer service; a launch announcement in major newspapers and on radio despite almost non-existent marketing and advertising industries; and the implementation of a koryolink advertising billboard, the first of its kind in Pyongyang.

Orascom Telecom Lebanon S.A.L. and Alfa

OTMT holds, a 99.8% ownership stake in Orascom Telecom Lebanon S.A.L. (“OTL”). In January 2009, OTL was awarded a management contract for Alfa, one of two operating GSM networks in Lebanon owned by the Ministry of Telecommunications (MoT). The contract has recently been renewed for another year at the discretion of the Republic of Lebanon. Alfa’s coverage reaches 98.3% of the Lebanese territories and 98.8% of the populated areas (the population of Lebanon is approximately 4.1 million people). It has LIVE roaming agreements with 214 operators in 109 countries and LIVE GPRS roaming agreements with 11 operators in 10 countries.