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Saudi Telecom to purchase 55% stake in Vodafone Egypt for USD 2.4 bn; Vodafone brand + Egypt team to stay as part of transaction
M&A WATCH- Saudi Telecom to purchase 55% stake in Vodafone Egypt for USD 2.4 bn; Vodafone brand + Egypt team…
Vodafone confirms plans to exit Egypt
M&A WATCH- Those rumors of Vodafone wanting to bail on Egypt have turned out to be true: Vodafone Group is…
What we’re tracking on 29 January 2020
We have big news for you this morning, ladies and gents: Vodafone Group yesterday confirmed earlier reports that it was…
El Sewedy, two French and Chinese companies win tender to supply smart meters for new capital
El Sewedy Electric and two unnamed Chinese and French companies have won a tender to supply 200k smart meters for…
Last night’s talk shows for Monday 27 January 2020
The GERD talks once again stole the limelight on the talk shows last night: Egyptian, Ethiopian and Sudanese officials are…
Telecom Egypt not selling Vodafone Egypt stake
M&A WATCH- Telecom Egypt not exiting Vodafone Egypt: State-owned Telecom Egypt has no plans to sell its 45% stake in…
Vodafone refuses to comment on STC acquisition talks
M&A WATCH- Vodafone won’t comment on STC acquisition talks: A senior Vodafone official yesterday refused to comment on reports that…
Earnings watch: SODIC, Telecom Egypt, TMG, Amer Group
EARNINGS WATCH- SODIC’s 3Q2019 net profits came in at EGP 168 mn, with a profit margin of 12%, the company…
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