All Saudi Arabia articles – Page 2

M&A

Vodafone Egypt sale reaches impasse; adverse event or powerplay?

2020-09-14T11:25:00Z

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.

M&A

BT Global finalises French offload to Computacenter

2020-07-20T14:05:00Z

Asset-light playbook repeated. BT to continue serving MNCs and retain local SoC.

M&A

Vodafone Egypt sale hit by further delay

2020-07-13T15:07:00Z

stc seeks two more months, with due-diligence and funding in the frame. Telecom Egypt remains thornily enigmatic.

M&A

BT exits Saudi JV

2020-06-02T08:45:00Z

30-year relationship trimmed back as part of BT’s broader global operations revamp. Transformation process also sees closure of branch in Abu Dhabi.

Premium

Vodafone’s Egypt sell-off hits road bump

2020-03-06T02:19:00Z

Vodafone’s plan to sell its majority stake in Vodafone Egypt (VfEg) came up against a road bump

Strategy & Change

Vodafone's Egyptian exit agreed as Read’s scale-back continues

2020-01-31T17:30:00Z

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.