All Saudi Arabia articles
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M&Astc said to be back in Telefónica stake-building mode
Saudi operator reportedly considering increasing Telefónica stake beyond 9.9% should Spanish gov approve September 2023 share purchase.
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M&AVodafone Portugal attracts Saudi buyout — report
Portuguese telecoms brace for another stc advance if rumours are believed, with Vodafone transitioning from local buyer to acquisition target. Plan B to stitch up Iberian synergies with stc’s Telefónica stake in Spain?
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M&AVodacom 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&ASpain 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&ATelefónica ‘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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M&ASaudi’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&ASpain 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&AAltice 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&ASpain 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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Premiumstc buy-in: Spain rallies to defend “strategic” Telefónica
stc’s bid to become Telefónica’s largest shareholder faces tough scrutiny.
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Public AffairsSpain rallies to defend “strategic” Telefónica
stc’s bid to become Telefónica’s largest shareholder faces tough scrutiny.
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M&Astc buys a “friendly” 9.9% stake in Telefónica
Saudi Arabia’s stc becomes Telefónica’s largest shareholder.
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Partnerships & Alliancesstc signs up to Telefónica Partners Program
Pair sign strategic collaboration agreement targeting “joint scale” and “presence”.
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Strategy & ChangeAll eyes on Read as e& acquires $4.4bn Vodafone stake
Chief Executive Nick Read ‘blindsided’ by announcement ahead of Tuesday’s annual results call.
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Network & InfrastructureDT committed to high-flying partner despite write-down
HAPS specialist Stratospheric Platforms remains loss making, but DT stays on board. Pilot in Saudi Arabia beamed a 5G signal from a mast 45,000ft in the air.
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Network & InfrastructureHigh-flying DT partner pilots stratospheric 5G network
Stratospheric Platforms claims success in a demonstration of its High Altitude Platform System, beaming a 5G signal from a mast 45,000ft in the air. The DT investment and strategic partner ran the pilot above Saudi Arabia.
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PremiumTelefónica Tech teams with STC for security services
Strategic collaboration agreement with Saudi operator. Move follows security tie-ups in Southeast Asia.
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M&AVodafone 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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M&ABT Global finalises French offload to Computacenter
Asset-light playbook repeated. BT to continue serving MNCs and retain local SoC.
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M&AVodafone Egypt sale hit by further delay
stc seeks two more months, with due-diligence and funding in the frame. Telecom Egypt remains thornily enigmatic.