CAIRO, Feb 1 (Reuters) - Global Telecom, the Egypt-based group formerly known as Orascom Telecom, will sell its 51 percent stake in Algerian mobile operator Djezzy for $2.6 billion, Global Telecom said in a statement on Sunday.

Global's parent company, Russia's Vimpelcom, reached a deal last April to resolve a long-running dispute with the Algerian government. (Reporting by Ehab Farouk; writing by Shadi Bushra; editing by Jason Neely)