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Djezzy GSM

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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.

Wikidata facts

Country
Algeria
Headquarters
Algiers
Employees
3083
Official website
www.djezzy.dz
Image
Siège de la société DJEZZY à Dar El Beida, Alger, Algérie.jpg
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inception
2001-01-01
Commons category
Djezzy
Sources (2)

via Wikidata · CC0

~5 min read

Encyclopedic overview

4 sections
Contents
  • Legal dispute with Orascom
  • Logos
  • References
  • External links

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 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.

Excerpted from Wikipedia’s “Djezzy GSM” article, available under the CC BY-SA 4.0 licence.

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