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Beirut – Lebanon - Alfa, managed by Orascom Telecom, signed a sponsorship deal with Al Riyadi Club of Beirut for the men's basketball team participation in FIBA Asia Champions Cup in China this month. The signatory on behalf of Alfa was its CEO and Chairman Marwan Hayek, while Al Riyadi Club’s signatory was its President Hisham Jaroudi.
The signing ceremony took place today at the company's new headquarters in Parallel Towers in Dikwaneh. The ceremony was attended by an administrative delegation from Al Riyadi Club comprising the club’s Vice President Tammam Jaroudi and secretary Mazen Tabara, in addition to Alfa executives and staff and media representatives.
Jaroudi
In his speech, Jaroudi said, “We are honored to visit Alfa in the presence of its CEO and Chairman Mr. Marwan Hayek, a supporter of sports and the youth in Lebanon”. He added, “We are proud of our friendship with Mr. Hayek and his permanent contribution to the promotion of tournaments that promote Lebanon and give a positive outcome on the national level”.
Jaroudi went on, “We came here today to express our gratitude to Alfa and to sign a sponsorship deal in support of the men’s basketball team participation in FIBA Asia Champions Cup in China, on behalf of Lebanon and Lebanese basketball”. He added, “This is not the first time we cooperate with Alfa, as it has already supported women’s and men’s basketball teams in local and foreign tournaments. Indeed, it is always at the forefront when it comes to supporting Lebanese sports and boosting the morale of young Lebanese men and women”. Jaroudi also thanked His Excellency the Minister of Telecommunications Boutros Harb for his moral and material support, and said, “We hope that his contribution with us and with other clubs will have positive repercussions on both basketball and our country”.
Hayek
For his part, Hayek welcomed the attendees and Al Riyadi club delegation, headed by Jaroudi, who “is the club’s rock and the foundation of modern basketball as we know it.”
He added, “We met last year with Al Riyadi club and announced our support to the women’s team, which has won several tournaments since then. We consider this to be an achievement for Alfa, as these ladies have upheld the banners of both Lebanon and Alfa around the world”.
He pointed out that “The men’s basketball team won the 2011 FIBA Asia Champions Cup, and we hope that they will be victorious this time as well, so that we can raise the trophy up high together”.
Hayek added that Alfa supports all sports in Lebanon, “because we believe that sports brings the Lebanese together around the Lebanese flag, either through competition between the Lebanese clubs, or through their representation of Lebanon in world championships. We are honored to see these clubs reach this stage of fair competition, and we consider ourselves a positive tool that contributes to raising the level of Lebanese sports, especially basketball, which is one of the sports with the most achievements and dazzling results in tournaments in Lebanon, the Arab and Asian region, and soon in Europe too”.
About Alfa
Alfa is the first Lebanese mobile network owned by the Republic of Lebanon and managed by Orascom Telecom, Media and Technology (OTMT). Alfa capitalizes on the vast know-how and international expertise of OTMT in order to deliver quality and professional solutions for the mobile sector in Lebanon. On October 25, 2011, Alfa was the first mobile operator to launch 3G+ mobile broadband services in Lebanon. In a new technological achievement, Alfa has become the first operator that launches 4G-LTE commercially in Lebanon on May 15, 2013, and in another regional milestone, Alfa launched the first 4G+ live site in Lebanon in Q3, 2015. . Alfa currently serves 2 million subscribers, among of which over 74% are data users and its state of the art network (2G, 3G+, 4G LTE and 4G+) covers 99% of Lebanon. For more information, please visit www.alfa.com.lb
About Orascom Telecom Media and Technology
OTMT is a holding company that has investments in companies with operations mainly in Egypt, North Korea, Pakistan, Lebanon and other North African and Middle-Eastern countries. The activities of OTMT are mainly divided into its GSM, media and technology and cable businesses. The GSM activities include mobile telecommunications operations in Egypt, North Korea and Lebanon. The media and technology division consists of OT Ventures/Intouch Communications Service and the OT Ventures Internet portals and other ventures in Egypt, including LINK Development, ARPU+ and LINKonLINE. The cable business focuses on the management of cable network
© Press Release 2016
