LINKdotNET is Egypt’s leading internet service provider - being the first to offer internet services in the country since 1992. Recently, LINKdotNET got acquired by the Egyptian Company for Mobile Services (Mobinil) from InTouch Communications S.A.E., a subsidiary of Orascom Telecom Holding (OTH). In a landmark deal that took place in July 2010. The deal potential will improve customers’ access to a wide array of integrated communications services, will create high value for shareholders, and will benefit Egypt’s telecom sector and the country’s overall economy. So LINKdotNET is more empowered with the new acquisition having Mobinil - the first mobile operator in the country which is a subsidiary of both France Telecom & Orascom Telecom.
At a press conference on 4 July 2010, headed by representatives from Mobinil and LINKdotNET, Mobinil announced the signing of a share sale and purchase agreement with InTouch Communications, a wholly owned subsidiary of OTH for the purchase of 100% of LINKdotNET and Link Egypt (LINK). The enterprise value is USD 130 million.
LINKdotNET grew to become an industry leader and one of the largest in the country in terms of volume. Today, LINKdotNET is home to more than 1500 specialists working to provide the latest and most reliable Internet services to the region. The company continues to be one step ahead of the market as it integrates technology, knowledge and people in a unique way that completely redefines the Internet.