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Egyptian competition body to study TE's preemption claims in sale of Vodafone Egypt to STC

Thursday 13 February 2020 | 10:29 CET | News
Egypt's Competition Authority (ECA) says it will study a request filed by Telecom Egypt claiming the right of preemption in the potential sale of a majority stake in Vodafone Egypt to the Saudi Telecom Company (STC), Ahram Online reported. The watchdog said it received a request from TE and is willing to undertake the necessary legal action according to the competition law and its executive regulations. 

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Categories: Mobile & Wireless
Companies: Saudi Telecom / Telecom Egypt / Vodafone / Vodafone Egypt
Countries: Egypt / Saudi Arabia
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