Vodafonewatch

Vodafone abandons Egypt exit talks

2021-01-16T10:12:00

Abdel Fattah el-Sisi

Source: ΝΕΑ ΔΗΜΟΚΡΑΤΙΑ / Flickr CC BY-NC 2.0 - Abdel Fattah el-Sisi

Long-awaited deal falls through, with STC apparently failing to reach an agreement with minority-owner Telecom Egypt. Vodafone Group CEO Nick Read remains philosophical after trekking to Egypt for talks with the President.

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