Latest in Tag: Vodafone Egypt Highlight
Latest in Tag: Vodafone Egypt

Vodafone Egypt to pay EGP 10bn in dividends for 2021
TE, Vodafone International sign modified shareholders’ agreement that includes amendments to Vodafone Egyptâs dividend policy

Vodafone Egypt to self-finance new frequencies over 3 years: CEO
Abdullah said that Vodafone Egypt will not need loans to pay for the new frequencies, with the payments to be divided into a 50% down payment, paid in US dollars. A further payment of 25% of the value will be paid after a year, with a further 25% paid after another year.

Mohamed Abdallah named new CEO of Vodafone Egypt
 Abdallah joined Vodafone in 1998 and since then he held senior commercial roles in Vodafone Egypt including Vodafone Business Director and most recently Consumer Business Director.Â

TE considers Vodafone Egypt acquisition as banks willing to finance deal
Should the deal be sealed, TE would merge WE with Vodafone Egypt

Future of STC acquisition of Vodafone Egypt hangs in the balance
Despite acquisition MoU coming to end, fate of possible deal has yet to be decided

STC announces no deal in Vodafone Egypt acquisition
“An understanding has been reached between STC and Vodafone Group to keep the dialogue open,” the Saudi company added.

Vodafone Egypt franchises some stores, but keeps main branches
Move comes as potential STC takeover of Vodafone International Groupâs stake in Egypt operations remains undecided

TE continues monitoring STC acquisition of Vodafone Egypt
In a recent report attached to its financial results for the second quarter (Q2) of 2020, TE added that it is working with its consultants to identify all available alternatives and evaluate them.

Vodafone Egypt reports revenues of EGP 26.4bn in FY 2019/2020
The figures for FY 2019/2020 compared to the âŹ1.1bn reported in the FY 2018/2019, with Vodafone Internationalâs fiscal year starting on 1 April and ending on 31 March of each year.

STC extends Vodafone Egypt acquisition MoU for 90 days
The time will be used to complete the necessary procedures for the deal, according to a statement STC sent to the Saudi Stock Exchange (Tadawul).

Environment Ministry, Vodafone Egypt discuss launching waste recycling app
During the meeting, Fouad confirmed that support will be given to the private sector to provide environmental services and contribute to solving environmental issues. She added that Egyptâs environment sector aims at supporting any investments in the field.

Vodafone Egypt expected to cancel tender for solar PV plant to power its installations
Bids from four companies to be deferred

Telecom Egypt still doesnât know what to do with its Vodafone Egypt stake: source
TE has appointed Hermes and Citibank to define investment alternatives for its stake in Vodafone Egypt in light of Saudi STCâs agreement with Vodafone International to acquire its stake in Vodafone Egypt for $2.4bn.

Egyptian law obliges STC to present MTO for 100% of Vodafone Egypt
Telecom Egypt goes over options in Vodafone deal with investment bank

Vodafone Egypt Wins Top Employer 2019 Thanks To Impressive Occupational Health And Safety Standards
Vodafone Egyptâs commitment to occupational health and safety sets a fantastic example for other Egyptian businesses across the nation

STC delegation meets TE officials after Vodafone Egypt acquisition offer
STC and Vodafone International Group agreed to sell the latterâs majority stake in Vodafone Egypt to STC for $2.4bn.

Vodafone Egypt revenue increase by âŹ116m in six months
The revenues of Vodafone Egypt in the second quarter (Q2) increased by âŹ43m, to record âŹ356m, compared to âŹ313m in Q1 FY 2019-2020.

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

STC to reveal Vodafone Egypt acquisition offer Wednesday: source
The source said Vodafone International negotiated with more than one Gulf company, but it finally preferred STC and kept it secret until it got the best price.

Vodafone International acquires Vodafone Egyptâs VIS for EGP 1bn
Vodafone Egypt holds 55% of VIS platform, while 45% stake belongs to the state-run Telecom Egypt.

Vodafone Egypt to inject new investments worth of âŹ250m in Egypt in 2020
Company likely to reveal revenues amount of full FY 2018/19 by mid-June, says Alexandre Froment-Curtil

International Commercial Arbitration rules Vodafone Egypt to pay EGP 750m to Etisalat Misr in interconnection fees case
Cairo Regional Centreâs mandate final, not subject to appeal

EGP 4.5bn to develop network during current FY: Vodafone Egypt officials
Investing in infrastructure is our top priority, becoming cashless society is among our chief objectivesÂ

Vodafone Egypt revenues reached EGP 5.3bn in Q2 2018
Vodafone customers in Egypt consumed 68,200 TB of internet

Vodafone Egyptâs earnings decline 49% in Q1 2018
Vodafone Egypt’s net profit declined 49% in the first quarter of this year to EGP 638.2m, down from EGP 1.25bn in the last quarter of 2017. The profits are also 55% lower than the first quarter of 2017, when Vodafone realised EGP 1.4bn. The company has achieved revenues of around EGP 5bn, slightly more than …

TE provided voice services for Vodafone Egypt worth EGP 1.5bn in 2017
Value of messaging services from TE to Vodafone last year reached EGP 1.1bn

Vodafone Egypt marks record revenues in 2017, reaching over EGP 18bnÂ
Vodafone Global Enterprise said that the company’s unit in Egypt, Vodafone Egypt, has achieved its highest revenues in its history at EGP 18.5bn in 2017. Vodafone Egypt’s revenues rose to reach EGP 4.9bn in the last quarter of 2017, compared to EGP 4.8bn in the third quarter of the same year. The company had achieved …

Vodafone Egypt negotiates with Russian operators for offers to Egyptian fans at World CupÂ
Company expects 10% increase in its investments over next 3 yearsÂ

Vodafone Egypt revenue EGP4.8bn in Q3Â
 29,000 new Vodafone ADSL customers

How Dsquares changed the concept of loyalty programs ?
Dsquares works with top local & international brands like Vodafone Egypt, Orange Jordan, NBE