Latest in Tag: Vodafone Highlight
Latest in Tag: Vodafone
Telecom Egypt to receive EGP 900m in dividends for its 45% stake in Vodafone Egypt
Vodafone Egypt will contribute with its expertise to regional expansion of Bee, Masary
New frequencies to be introduced according to market needs, says CIT Minister Amr Talaat
Egyptian government is committed to framework that will support our growth in Africa: Vodafone Global CEO
New Administrative Capital named as First Arab Digital Capital for 2021, said Egypt’s Minister of Communications and Information Technology Amr Talaat
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
NTRA data shows Vodafone has acquired 65% of total subscriptions to mobile wallets, says Ayman Essam
Orange and Etisalat have refrained from the bidding process
Deal on STC’s 55% acquisition of Vodafone Egypt fell through due to MoU’s expiration
The MoU signing was witnessed by Minister of Communications and Information Technology Amr Talaat.
Acquisition is expected to be closed before November
Sources close to deal expect it will be officially closed by November
Daily News Egypt compares ADSL packages of Egypt’s four companies: WE, Vodafone, Orange, and Etisalat.
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.
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.
The FRA source told Daily News Egypt (DNE) that the FRA was not officially notified by any company of the updates yet.
The company has the right to acquire Vodafone Egypt’s full shares on the condition they offer a similar deal to STC: Legal source
The Vodafone Group acquired Egypt’s VOIS for EGP 1bn in November
Market capital up 1.5% reaching EGP 708.1bn
TE has pre-emption right to purchase Vodafone International’s stake in Vodafone Egypt after STC $2.39bn acquisition offer for Vodafone Egypt
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.
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.
Egypt has turned into an attractive market to invest in infrastructure and digital transformation
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
British company to continue connecting villages which never had any connectivity
Agreement with Synopsys to train 1,000 young people in field of electronic circuit design
Two companies sign cooperation protocol witnessed by ICT minister
Large number of companies expressed their interest in tender
Company could consider selling their stake if it reaches “critical mass”
Number of modem devices remained stable at 3.48m, number of landline users increased by 1.5%