0
Wireless

STC in talks to acquire 55% of Vodafone Egypt from Vodafone International - report

Monday 27 January 2020 | 10:41 CET | News
Saudi operator STC is in talks to acquire a stake in Vodafone Egypt, Youm7 newspaper reported, citing sources. The talks concern the 55 percent stake controlled by Vodafone International in Vodafone Egypt, the newspaper said.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: STC / Telecom Egypt / Vodafone / Vodafone Egypt
Countries: Egypt / Saudi Arabia
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Egypt financial regulator says STC must offer to buy remaining 45% in Vodafone Egypt

Published 07 Feb 2020 10:15 CET | Egypt
Egypt's Financial Regulatory Authority (FRA) says Saudi operator STC must offer to buy the remaining 45 percent of Vodafone Egypt ...

Telecom Egypt to appoint bank to study options for Vodafone Egypt stake sale

Published 05 Feb 2020 09:26 CET | Egypt
Telecom Egypt says it is in the process of appointing an investment bank to consider options for the company following Vodafone ...

Vodafone Egypt stake sale to STC requires telecoms watchdog approval

Published 31 Jan 2020 09:24 CET | Egypt
Egypt's telecommunication industry regulator says it will have to approve the sale by Vodafone of its 55 percent stake in ...

Telecom Egypt mulls alternatives for managing investments in Vodafone Egypt

Published 31 Jan 2020 09:22 CET | Egypt
Telecom Egypt is studying available alternatives to manage its investments in Vodafone Egypt, Mubasher reported. The company said ...

Vodafone agrees to sell 55% stake in Egypt unit to STC

Published 29 Jan 2020 08:53 CET | Egypt | Update: 29 Jan 2020 10:11 CET
Vodafone Group has agreed to sell its 55 percent stake in Vodafone Egypt to Saudi Telecom Company (STC) for USD 2.39 billion ...

Telecom Egypt denies plans to sell stake in Vodafone Egypt

Published 27 Jan 2020 10:45 CET | Egypt
Telecom Egypt said it has no intention to sell its stake in Vodafone Egypt, as it has not received any offers, Argaam reported. ...

Telecom Egypt board approves budget for fiscal year 2020

Published 19 Dec 2019 16:20 CET | Egypt
Telecom Egypt board has approved its budget for fiscal year 2020, based on its low double digit revenue growth, EBITDA margin in ...

Telecom Egypt revenue rises 10% to EGP 19 bln in first 9 months

Published 14 Nov 2019 09:26 CET | Egypt
Telecom Egypt's consolidated revenue increased by 10 percent to EGP 19.01 billion in the first nine months to 30 September, ...

Vodafone International acquires Vodafone Egypt's VIS for EGP 1 bln

Published 07 Nov 2019 10:48 CET | Egypt
Vodafone International has signed a deal to acquire the Vodafone Egypt International Services (VIS) platform, one of Vodafone ...

Telecom Egypt says no immediate plans to sell stake in Vodafone

Published 17 Apr 2018 10:10 CET | Egypt
Telecom Egypt said it has no immediate plans to sell its stake in Vodafone Egypt and will focus on growing its share of the ...





Calendar   /   Industry Events

24 Feb Arlo Q4 2019
24 Feb Palo Alto Networks fiscal Q2
25 Feb Iridium Q4 2019
25 Feb Infinera Q4 2019
25 Feb Millicom Q4 2019
25 Feb American Tower Q4 2019
25 Feb Utility Telecoms 2020
26 Feb Crown Castle Q4 2019
26 Feb Syn Q4 2019
26 Feb Avast FY results
26 Feb Box Q4 2019
26 Feb Orbcomm Q4 2019
26 Feb Sina Q4 2019
26 Feb Weibo Q4 2019
26 Feb Shentel Q4 2019
27 Feb Zoom Telephonics Q4 2019
27 Feb Telesat Q4
27 Feb Dell Technologies fiscal Q4
27 Feb VMware fiscal Q4
27 Feb Cogent Communications Q4 2019
27 Feb Cable One Q4 2019
27 Feb Neophotonics Q4 2019
27 Feb Baidu Q4 2019
27 Feb Netia Q4 2019
27 Feb Sunrise Q4 2019
27 Feb Interxion EGM
28 Feb Tecnotree FY 2019
28 Feb Masmovil Q4 2019
28 Feb Freenet Q4 2019
::: More Calendar Items