Middle East – Page 6
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People
Vodafone Spain’s Coimbra to step down after eight years
End of era for Spanish business that has struggled to adapt to new realities over the past decade.
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M&A
Vodafone Egypt sale reaches impasse; adverse event or powerplay?
Vodafone and stc ‘keep the dialogue open’ as MoU expires. Telecom Egypt denies it has a role in enabling deal, but Vodafone’s dysfunctional local partnership appears to be complicating matters again.
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Partnerships & Alliances
Vodafone’s Omani adventure falling behind schedule
High-touch operational relationship with Vodafone does not appear to have prevented launch programme from backing up. Drags could be a reputational worry for challenged Partner Markets federation, and Group as a whole.
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Partnerships & Alliances
Axiata swaps Vodafone for Telefónica
A score for Telefónica in global Partners Program vs Partner Markets match-up. Axiata to integrate and resell ElevenPaths cybersecurity. Deal expands Telefónica presence in ASEAN region as it strives to deliver growth through an overdue expansion in the MNC space.
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M&A
BT Global finalises French offload to Computacenter
Asset-light playbook repeated. BT to continue serving MNCs and retain local SoC.
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M&A
Vodafone Egypt sale hit by further delay
stc seeks two more months, with due-diligence and funding in the frame. Telecom Egypt remains thornily enigmatic.
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M&A
BT exits Saudi JV
30-year relationship trimmed back as part of BT’s broader global operations revamp. Transformation process also sees closure of branch in Abu Dhabi.
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Partnerships & Alliances
Vodafone Qatar swaps SAP for Oracle
Former OpCo Vodafone Qatar (VfQ) flagged it had extricated itself from the Group’s SAP-based enterprise resource planning (ERP) system, and onto rival Oracle’s software, following Vodafone’s exit from the operator in 2018.
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Premium
Vodafone’s Egypt sell-off hits road bump
Vodafone’s plan to sell its majority stake in Vodafone Egypt (VfEg) came up against a road bump
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Strategy & Change
Vodafone's Egyptian exit agreed as Read’s scale-back continues
STC to pay $2.4bn for controlling stake in Vodafone Egypt, at modest valuation. Deal aimed to close by mid-2020. Groundwork of _VOIS Egypt separation previously completed.
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Premium
Vodafone Group’s Omani Partner Markets deal confirmed
Stock tactic of arms-length footprint expansion seen again. Vodafone has ‘still got it’ for challenger partners, despite questionable competitive record.
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Public Affairs
Vodafone Group quietly exits Iran
Geopolitics strikes again; June 2019 filing reveals exit from enterprise and network tie-up.
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Premium
Vodafone Group on board for arms-length Oman entry
Vodafone on verge of extending Middle East presence in “strategic partnership” with local investment funds.
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Premium
BT trumpets opening of quantum network link for tests
Partners including ADVA and ID Quantique flag support for BT’s quantum secured network.
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Premium
Vodafone Group’s TOBi goes to Turkey
Vodafone partners with Microsoft for a Turkish TOBi version.
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Premium
Vodafone’s ‘other’ division continues slide to background
Currency weakness dampens Region’s growth. Division out in the cold, with strategic plans focusing elsewhere.