Global Telecom has delisted from the EGX Egyptian Exchange[2] and is based in Amsterdam, Netherlands.

[4] Founded in 1998 as part of the Orascom company, it became the largest cellular operator in the Middle East in only five years.

[5] In 2010, Russian Vimpelcom acquired Orascom Telecom as well as Wind Telecomunicazioni from Weather Investments of the Egyptian entrepreneur Naguib Sawiris and merged the two companies to form Global Telecom Holding based in Cairo.

Excluded from this transaction were the activities in North Korea (Koryolink) and Egypt, which were transferred to Orascom Telecom Media and Technology Holding, which remained majority-owned by Naguib Sawiris.

The Italian activities of Wind Telecomunicazioni report directly to the parent company Vimpelcom and are not part of Global Telecom Holding.