All Middle East articles
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M&A
Saudi tower consolidation rolls on as state fund completes TAWAL buy
Saudi Arabia’s sovereign wealth fund PIF completes combination of existing tower assets with those of TAWAL, creating new player with 30,000-mast portfolio. Move marks another step towards achieving objectives of country’s Vision 2030 strategy…
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Partnerships & Alliances
Vodafone scales IoT ambitions with Saudi Arabia’s Mobily
Vodafone Business IoT continues effort to drive international growth with Middle Eastern deal, tapping e& links. Move drives unit towards goal of reaching new markets with IoT as it closes in on 200 million devices connected…
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Strategy & Change
stc secures stake (and strategic say) at Telefónica
Saudi operator increases its holding in Spanish operator to just below 10%, following government approval for controversial move in November. Share buy to be accompanied by a Board of Directors seat, confirming stc’s position of influence over Telefónica, alongside Spanish government, as Group changes complexion. Read more…
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Weekly Briefings
EMEA Infrawatch Briefing: SatCos explore new options; subsea revamps
Spain’s Indra eyes bigger role in European satellite picture, while Eutelsat moves to bring space connectivity to Nigeria and (reportedly) Egypt. Meanwhile, fibre players have struck fresh deals in Ireland and Spain, while others consider if further buys are immediately necessary…
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Financial & Performance
Vodafone exports Turkish innovations as OpCo flexes digital muscle
Q3 FY24–25: Group CEO Margherita Della Valle says Vodafone Turkey ‘outperforming’, setting a blueprint that can be applied elsewhere. CFO Luka Mucic namechecks Egypt as one market that might take lessons, but sees opportunity to pull market-specific levers, too…
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Products & Services
Orange seeks home advantage with new value added services and store
Home services head Chem Assayag emphasises need to identify specific offerings that will have customer appeal.
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Weekly Briefings
Orangewatch Weekly: Signs of MásOrange’s masterplan emerge
MásOrange is reportedly juggling a number of projects as it explores ways to drive growth and reduce debt, with the aim of turning itself into an investment-grade operation in the eyes of Standard & Poor’s.
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Suppliers & SCM
Orange signs up cybersecurity specialist Cyan for three more years
Munich‑based supplier signed its first group deal with Orange in 2018.
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Weekly Briefings
EMEA Infrawatch Briefing: Spain in spotlight; TowerCo team-ups; M&A next steps
Latest on EMEA Infra: Spain flagged as a frontrunner in legacy switch-off progress, thoguh concerns on fibre overbuild remain; Cellnex mulls path to home market consolidation; TowerCos in Europe and Africa seek to expand rural and transport connectivity; more…
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Weekly Briefings
Orangewatch Weekly: New venture unfolds on Spanish fibre market
Latest from Orange, including: MásOrange and Vodafone Spain finally sign binding contract to create “Europe’s largest FibreCo”; Spanish price hikes; Slovakia nears 5G SA launch; copper in France…
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M&A
IHS Towers exits Kuwait as part of $1bn asset sale plan
Deal sees cash-hungry tower group offload Kuwaiti asset it bought only four years ago, in mark of turnaround of sector fortunes and strategy.
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Weekly Briefings
Orangewatch Weekly: Orange preps for open RAN
Inaugural Orangewatch Weekly Briefing, including: open RAN updates; new Open Gateway tie-up in Spain; Cellnex CEO Marco Patuano opening up on MásOrange talks; and much more…
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Network & Infrastructure
Vodafone links 2Africa subsea cable to UK hub
Vodafone onshores another section of 2Africa submarine cable, this time in Cornwall.
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Financial & Performance
IHS Towers targets $1bn from asset disposals
Tower group’s chief executive announces ten-digit goal for proceeds from business sales, amid ongoing strategic review.
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Financial & Performance
Helios swaps land-grab for lease-grab in strategy refresh
Middle East and Africa tower group makes a change-up of headline KPIs after shifting away from M&A-based expansion of tower footprint.
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Financial & Performance
IHS Towers hires advisers to assess ‘strategic alternatives’
Tower group’s annual results this week sees chief executive highlight initiation of a strategic review of its business, amid share price slump.
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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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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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M&A
Saudi’s stc continues international push with CMC Networks buy
Expansive center3 adds 110 points of presence to its footprint, with a focus on Africa.