Orascom Telecom posts 2015 net loss of 3.6B Egyptian pounds

Egypt's Orascom Telecom Media and Technology Holding reported a net loss of 3.6 billion Egyptian pounds ($405 million) in 2015 versus a net profit of 263.98 million pounds a year earlier, the firm's financial statements, printed in local media on Thursday, showed.

($1 = 8.8799 Egyptian pounds)