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Wireless

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

Thursday 7 November 2019 | 10:48 CET | News
Vodafone International has signed a deal to acquire the Vodafone Egypt International Services (VIS) platform, one of Vodafone Egypt's subsidiaries in the local market, for EGP 1 billion, as part of the former's plan to expand its direct investments in outsourcing services in Egypt. Vodafone Egypt holds 55 percent of VIS platform, while a 45 percent stake belongs to the state-run Telecom Egypt. 

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