Middle East – Page 2
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Public Affairs
EU trains regulatory spotlight on e& over CEE expansion plans
European Commission opens probe into UAE‑based operator’s planned PPF transaction amid “alleged subsidies” concerns.
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M&A
Vodafone−Three welcome deal’s security clearance as focus turns to antitrust
UK government green-lights merger (with caveats) after conducting security review, but Vodafone−Three are far from celebrating as the CMA’s investigation steps up a gear and leaves consolidation in doubt…
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Network & Infrastructure
Vodafone kicks off mega RAN tender for Europe and Africa
Tender puts vendors on tenterhooks as Group starts procurement process for radio networks covering its 170,000-site footprint, while trials complete in Italy with Nokia in tow.
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M&A
Vodacom Tanzania snaps up rival Smile as Saudi investors cut losses
It’s all Smile(s) as Vodacom completes acquisition of small Tanzanian operator with attractive spectrum holding and 4G network presence. Vodacom Tanzania acquired local rival Smile for TZS 68.8bn (£22m/€25m) just two years after Saudi investors spent $235m+ on a rescue deal. The deal delivers access to Smile’s 800MHz and ...
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M&A
Spain buys 3% of Telefónica, more share purchases likely
Madrid initiates process of regaining primary shareholder status in Telefónica, as national interests surrounding telco ownership continue to rise back up the agenda in Europe, prompted by phase of operator vulnerability to outside takeovers and broader climate of geopolitical risk.
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M&A
Telefónica ‘mulls’ Avatel buy to defend wholesale biz
Purchase of Spain’s #5 broadband provider, valued at €1bn, holds potential to accelerate rural fibre, strengthen pre-existing MVNO ties, position Group to better compete. Saudi Arabia’s stc also prowling, despite Telefónica stakebuild friction…
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Partnerships & Alliances
DT and Orange ‘explore’ T-Mobile US partnership to boost tech buying power
Deutsche Telekom indicates it and purchasing partner Orange are studying an expansion of their BuyIn JV by bringing T-Mobile US into the fold.
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M&A
Hrvatski Telekom ‘diligently assessing’ regional M&A possibilities
Croatian operator’s management remains keen on fashioning it into a regional telco/IT business, saying dealmaking opportunities are being monitored.
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Network & Infrastructure
Vodafone Turkey creates $100m infra JV for data centre expansion
Vodafone Turkey teams with UAE-based Edgnex Data Centres by DAMAC to invest in new Izmir data centre.
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People
e& CEO Hatem Dowidar to take seat on Vodafone board
It’s a happy Valentine’s Day for Vodafone and e& as the partners obtain regulatory approval to get together in the board room.
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Suppliers & SCM
Vodafone to add e& to mega RAN tender
Procurement collaboration would be another dimension in strategic alliance between Vodafone and United Arab Emirates-based e&.
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M&A
Emirati position in Vodafone found to present ‘material’ national security risk
Government investigation into e&’s 14.6% stake and strategic relationship agreement with UK operator group raises prospect of deal rethink, boardroom reshuffle, but Vodafone bullish in response…
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Enterprise (B2B)
BT lands oil and gas deal in Iraq
BT to deliver new network for Basrah Gas Company.
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Products & Services
Vodafone Turkey aiming to drive IoT revenue with emission reduction tech
With OpCo claiming to have “zeroed” Scope 2 emissions, it is now looking to drive revenue by offering IoT energy efficiency solutions to business customers…
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Network & Infrastructure
Vodafone Turkey targets fibre; wants Türk Telekom breakup
Engin Aksoy calls for BT/Openreach-style model in Turkish market to enable full-fibre investment, competition.
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M&A
Spain makes “strategic” move for 10% stake in Telefónica
Spanish government set to become the operator’s largest shareholder, with move framed as “of essential importance” to defending national interests. Purchase follows stc’s controversial entry as a Telefónica shareholder, as its European expansion drive continues.
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M&A
Altice Portugal ‘enters stc’s European crosshairs'
Saudi Arabian operator said to be jostling with private equity firms targeting Patrick Drahi’s beleaguered outpost, as Middle Eastern telco shopping spree in Europe continues…
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M&A
Spain mulls Telefónica stake buy, as stc ‘backs off’
Spanish government seeks to gain greater control of “strategic” Telefónica in light of stc’s bid to increase stake.
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Partnerships & Alliances
Vodafone–e& cross-border alliance signs first customer
Dubai’s Al-Futtaim Group signs MoU for connectivity services from Vodafone and e&.
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Financial & Performance
Vodafone’s international federation reports another year of decline
Partner Markets revenue drops for third year running, with management this time blaming the conflict in Ukraine.