Latest in Tag: Vodafone Highlight
Latest in Tag: Vodafone

Qatar Investment to acquire part of TE’s stake in Vodafone Egypt by 1Q 2023: Sources
The sources told Daily News Egypt that the World Cup and the Christmas holidays are behind the postponement of the deal to next year.

Vodafone Intelligent Solutions signs agreement with ITIDA to grant job opportunities, reinforce expansion in Egypt
The agreement was signed by Head of _VOIS Egypt Ramy Kato and former CEO of the ITIDA Amr Mahfouz in the presence of Prime Minster Mostafa Madbouly, Minister of Communications and Information Technology Amr Talaat, and Head of Global _VOIS Technology Mohamed Sami.

Vodafone Egypt is contributing to Egypt’s 2030 Vision for Sustainable Development: External affairs director
Vodafone is also supporting the agricultural sector to save 18 billion cubic meters of water using technology: Essam

Qatar Investment Authority aims to buy 20% stake in Vodafone Egypt
Qatar in talks to invest $2.5bn in Egypt

Vodafone International obtains NTRA’s approval to transfer its contributions in the Egypt unit to Vodacom
The stock exchange process will be completed before the end of this year: Sources

Foreign Ministry names Vodafone Egypt as strategic communications partner for COP27
The agreement names Vodafone as the strategic communications partner for the UN Conference of Parties on Climate Change (COP27) that will be hosted by Egypt in Sharm El-Sheikh this November.

Vodafone Egypt seeks to raise stakes in B Investments, Masary to 20%
Vodafone’s presence in the ownership structure enhances growth of both companies: B Investments

We did not show the customer’s phone number in the Ramadan campaign: Vodafone
The source told Daily News Egypt that the phone number that appeared in the ad consists of only 10 digits, and that a full number is no less than 11, and therefore, legally, the company did not harm its customers; however, some have been randomly calling Vodafone customers by adding an extra digit to the number, leading to some customer complaints.

Vodafone sells Egypt stake to South Africa affiliate ‘Vodacom’ for €2.72bn pending regulatory approval
No change in company’s brand, as transfer comes within restructure group’s companies, says Vodafone Egypt official

Vodafone negotiates with NTRA over trial operation of 5G services in New Capital: CEO
Company builds 590 portable communication towers recently, working to build 250 more, says Mohamed Abdullah

Vodafone Egypt to distribute FY 2019/20 profit of EGP 2bn
Telecom Egypt to receive EGP 900m in dividends for its 45% stake in Vodafone Egypt

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