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

Wednesday 5 February 2020 | 09:26 CET | News
Telecom Egypt says it is in the process of appointing an investment bank to consider options for the company following Vodafone Group's intention to divest its stake in Vodafone Egypt. TE, which owns the remaining 45 percent in Vodafone Egypt, said such options and their consequences will be considered in light of the existing shareholders' agreement and all related Egyptian laws and regulations.

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Categories: Mobile & Wireless
Companies: Telecom Egypt / Vodafone Egypt / Vodafone Group
Countries: Egypt
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