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Optimum Telecom
Djezzy (in ) is one of Algeria's three main mobile network operators, with a market share of 65% (over 16.49 million subscribers in December 2016) and a network covering 90% of the population (48 wilayas). Djezzy is wholly owned by the Algerian state since 2022, previously was a subsidiary of the Egyptian company Global Telecom Holding (a subsidiary of VEON). Djezzy acquired Algeria's second GSM license on 11 July 2001, with a bid of $737 million, and was officially launched on February 15, 2002. In January 2015, the Algerian National Investment Fund, National Investment Fund (FNI) took control of 51% of the capital of the company while the foreign partner, Global Telecom Holding, retained responsibility for the management of the company. In August 2022, VEON sold the remaining 45.57% stake in the company to the National Investment Fund for $682 million, making it the sole owner of Djezzy. Djezzy covers 95% of the population across the national territory and its 3G services are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Società Per Azioni
(; abbr. S.p.A. or spa ) is a form of corporation in law of Italy, Italy, meaning 'company with shares' (although often translated as 'joint-stock company', which may or may not be a limited liability entity). It is more or less equivalent to S.A. (corporation), S.A. or public limited company, public limited company (PLC) in other countries. The other common form of corporation in Italy was (S.r.l.) ('limited liability company'). S.p.A. issued shares (), while in S.r.l. the unit was quote/stock of share capital. Moreover, the articles of association of S.r.l. allowed different allocation of Profit and loss sharing, profit and assets, which was more comparable to a limited partnership. Throughout Italy's history, the governance of S.p.A. has been remodeled several times. Originally the S.p.A. was governed by the Commercial Code of 1865, and subsequently by that of 1883, under the name "''società anonima''" ('anonymous company'). The regulations contained within the civil code ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |