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Telecom Egypt monitors STC acquisition of Vodafone Egypt and considers every option

Friday 14 August 2020 | 10:28 CET | News
Telecom Egypt (TE) says it is continuing to follow the developments in Saudi Telecom Company's (STC's) 55 percent acquisition of Vodafone Egypt closely, due to the importance of its investment in the company, the Daily News reported citing remarks with the financial results for the Q2. TE added that it is working with its consultants to identify all available alternatives and to evaluate them.

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