All Middle East articles – Page 2
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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.
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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
Helios keeps M&A plans on ice, despite sunny outlook
Middle East and Africa tower group to remain disciplined on deal-making, despite being ahead of the game on leverage reduction and growth.
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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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Public Affairs
Spain rallies to defend “strategic” Telefónica
stc’s bid to become Telefónica’s largest shareholder faces tough scrutiny.
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M&A
stc buys a “friendly” 9.9% stake in Telefónica
Saudi Arabia’s stc becomes Telefónica’s largest shareholder.
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Operations
Orange ‘shutters Silicon Valley base’ amid strategic refocus
Operator reported to have closed Silicon Valley offices after more than 20 years as part of cost review.
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Strategy & Change
Orange CEO downplays Ethiopia ambitions
Heydemann currently sees little opportunity for value creation in Ethiopia under current conditions. Read more about Orange’s MEA powerhouse strategy and Q2 performance, incl. Orange Money…
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Network & Infrastructure
Orange maintains 5G momentum with launch in Jordan
The Group has now launched 5G in nine countries, of which two are in Middle East and Africa. Orange Europe CMO hints at imminent 5G standalone launches after Spain.
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Strategy & Change
E& expansion rumours encroach on Vodafone turf
Vodafone’s largest shareholder following through with global growth ambitions, with early targets coinciding with European operator’s satellites.
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People
Orange people moves: new Chairman moves in as enterprise unit switches up execs
Jacques Aschenbroich appointed new Chairman, with Group CEO and Chairman roles now split under new structure. Orange Business bolsters leadership team with series of new hires. Poland and Romania swap CEOs.
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People
Latest Orange people moves: Laurent Martinez named new finance chief
Laurent Martinez to serve as Executive Director of Finance, Performance & Development from September.
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Partnerships & Alliances
stc signs up to Telefónica Partners Program
Pair sign strategic collaboration agreement targeting “joint scale” and “presence”.
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M&A
Helios Towers warms up for Middle East kick-off
All boxes ticked in infra company’s long-delayed buyout of Omantel’s towers.
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Venturing & Investments
Qatar Investment Authority ‘vies for stake in Vodafone Egypt’
Acquisition of 20% share could be agreed by the end of 2022, reports suggest.
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Innovation (R&D)
UAE lab provides blueprint for BT’s university partnerships
BT using success of EBTIC collaboration to inform university partnerships in Ireland and India, building ties with local academics to support Adastral Park R&D. BT- and Khalifa University-backed EBTIC showcases collaborative innovation projects as partnership enters “Phase 3”.
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