Latest in Tag: Vodafone Highlight
Latest in Tag: Vodafone

Vodafone to complete 20% stake acquisition of Bee, Masary in 3 months: Source
Vodafone Egypt will contribute with its expertise to regional expansion of Bee, Masary

Egypt’s mobile regulator, operators sign new frequency agreements
New frequencies to be introduced according to market needs, says CIT Minister Amr Talaat

Vodafone Group terminates talks over sale of Egypt stake to STC
Egyptian government is committed to framework that will support our growth in Africa: Vodafone Global CEO

Al-Sisi meets Vodafone Group CEO, directs for enhancing Egypt’s digital infrastructure
New Administrative Capital named as First Arab Digital Capital for 2021, said Egypt’s Minister of Communications and Information Technology Amr Talaat

Telecom Egypt’s share of Vodafone’s accumulated earnings reaches EGP 4.3bn in Q3 2020
Naeem Research said that the probability of Vodafone Egypt’s distributing dividends depends a lot on its new investment plans; including the purchase of the new 40MHz band of spectrum in 2600MHz in November for $540m, with 50% to be paid in the first year of singing the contract

Preparations underway to purchase technical equipment for new frequencies: Vodafone Egypt
NTRA data shows Vodafone has acquired 65% of total subscriptions to mobile wallets, says Ayman Essam

TE, Vodafone submit financial offers for new frequencies
Orange and Etisalat have refrained from the bidding process

Negotiations ongoing to complete STC deal in near future: Vodafone
Deal on STC’s 55% acquisition of Vodafone Egypt fell through due to MoU’s expiration

Egypt’s ITI, Vodafone launch self-employment platform
The MoU signing was witnessed by Minister of Communications and Information Technology Amr Talaat.

STC acquisition deal of Vodafone Egypt extended 60 days
Acquisition is expected to be closed before November

STC willing to buy only Vodafone Group’s 55% stake in Egypt unit
Sources close to deal expect it will be officially closed by November

How do Internet providers respond to coronavirus crisis?
Daily News Egypt compares ADSL packages of Egypt’s four companies: WE, Vodafone, Orange, and Etisalat.

Possible scenarios for STC-Vodafone Egypt deal
With the possibility of completing the deal sometime in the summer, Telecom Egypt (TE) has begun discussing the investment opportunity in the deal, in light of its acquisition of 45% of Vodafone Egypt.

Egypt among other markets Vodafone has left behind
Reed confirmed that the reason behind leaving Egypt is to focus investments in other markets according to Vodafone’s strategy, stressing that the Egyptian market was among the best in which Vodafone has worked in for more than 20 years.

Mandatory purchase offer must be made for TE’s share: FRA
The FRA source told Daily News Egypt (DNE) that the FRA was not officially notified by any company of the updates yet.

TE’s preemption may intefere in STC-Vodafone deal
The company has the right to acquire Vodafone Egypt’s full shares on the condition they offer a similar deal to STC: Legal source

Tempting offer, matching Vodafone group’s strategy: source
The Vodafone Group acquired Egypt’s VOIS for EGP 1bn in November

Vodafone’s possible acquisition deal reinforces EGX to test 15,000 points
Market capital up 1.5% reaching EGP 708.1bn

No change in Vodafone Egypt management after STC acquisition: CEO
TE has pre-emption right to purchase Vodafone International’s stake in Vodafone Egypt after STC $2.39bn acquisition offer for Vodafone Egypt

STC acquires stake in Vodafone Egypt, to use Vodafone trademark and services
In the event of the transaction’s completion, both parties intend to conclude a partnership agreement that will allow STC to use the Vodafone trademark and other Vodafone services.

Mobile market adds 350,000 new subscribers, Vodafone is biggest beneficiary
Orange was able to add about 37,900 new subscribers to its services last October, increasing the number of subscribers to its services from 28.2 million subscribers last September and reaching 28.3 million.

Vodafone allocates EGP 5bn for the Egyptian market: Essam
Egypt has turned into an attractive market to invest in infrastructure and digital transformation

Ebtessama Foundation launches 1st e-platform for employing people with disabilities
This project, named after Magda Sami, a social worker and an advocate for disabled peoples’ rights, is an important step toward the full integration of all members of society into meaningful work

Vodafone’s network modernisation plan going very well: CEO
British company to continue connecting villages which never had any connectivity

Egyptian MCIT Minister meets with representatives from Google, Vodafone, Synopsys during MWC
Agreement with Synopsys to train 1,000 young people in field of electronic circuit design

TE will receive EGP 5.5bn of shares in Vodafone revenues
Two companies sign cooperation protocol witnessed by ICT minister

Vodafone preparing to bid for solar power plant within weeks
Large number of companies expressed their interest in tender

Telecom Egypt has no plans to sell Vodafone stake in medium term: source
Company could consider selling their stake if it reaches “critical mass”

Vodafone leads mobile operators’ losses, with 345,800 clients lost in June
Number of modem devices remained stable at 3.48m, number of landline users increased by 1.5%

Orange lost 677,000 clients in May, Vodafone lost least amount
The three mobile operators—Vodafone, Orange, and Etisalat—lost many clients in May, as mobile users fell to 96.4 million from 97.6 million, a loss of over 1.1 million users. Vodafone was the company to lose the least amount of its clients in May, with only 104,300 users lost. The company’s clients dropped from 42.1 million in …