0
Wireless

Telecom Egypt mulls alternatives for managing investments in Vodafone Egypt

Friday 31 January 2020 | 09:22 CET | News
Telecom Egypt is studying available alternatives to manage its investments in Vodafone Egypt, Mubasher reported. The company said in a disclosure to the Egyptian Stock Exchange that it is closely monitoring the procedures adopted by Vodafone to sell its stake in Vodafone Egypt to STC.

Thank you for visiting Telecompaper

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?



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

Add comment

Please login or register to leave a 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

STC looks for USD 1 bln in financing to complete Vodafone Egypt deal

Published 24 Sep 2021 12:01 CET | Saudi Arabia
STC and Vodafone Egypt have returned to the discussion floor, regarding the sale of Vodafone's 55 percent stake in Vodafone ...

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

Published 14 Aug 2020 10:28 CET | Egypt
Telecom Egypt (TE) says it is continuing to follow the developments in Saudi Telecom Company's (STC's) 55 percent acquisition of ...

Vodafone Egypt adds 1.1 million new customers in FY, ARPU improves

Published 18 May 2020 09:53 CET | Egypt
Vodafone Egypt reported service revenues of EUR 369 million for the three months to March, up 14.8 percent from a year earlier on ...

STC extends Vodafone Egypt stake purchase process by 90 days

Published 14 Apr 2020 09:45 CET | Saudi Arabia
Saudi Telecom Company (STC) says it needed more time to complete processes related to buying Vodafone Group's 55 percent stake in ...

Telecom Egypt to provide FTTH and Wi-Fi to Amer and Porto developments

Published 19 Feb 2020 10:06 CET | Egypt
Telecom Egypt has signed two cooperation agreements to provide integrated communications for projects owned by Amer Group and ...

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

Published 13 Feb 2020 10:29 CET | Egypt
Egypt's Competition Authority (ECA) says it will study a request filed by Telecom Egypt claiming the right of preemption in the ...

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 ...

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. ...

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

Published 27 Jan 2020 10:41 CET | Egypt
Saudi operator STC is in talks to acquire a stake in Vodafone Egypt, Youm7 newspaper reported, citing sources. The talks concern ...

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 ...