All Egypt articles – Page 2
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PremiumVodafone Q2 FY22-23 Headlines: macro and micro trends bite into profit
Revenue picture mixed, with strength in UK, Ireland, and Portugal but ongoing weakness in Germany, Italy, and Spain.
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Strategy & ChangeVodacom plans SuperApp rollout as it closes in on Vodafone Egypt acquisition
“Progress made” in movement towards regulatory approval for Vodafone Egypt acquisition.
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PremiumVodafone Egypt: Fixed-line expansion talks back on
Saga of VfEg’s plans to gain larger wireline platform continues to drag on.
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Venturing & InvestmentsQatar 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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M&AVodacom edges closer to Vodafone Egypt buyout
Local reports claim Vodafone has obtained regulatory approval.
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PremiumElsewhere in Vodafone Africa: corruption in Lesotho?
Allegations of corruption in Lesotho said to be hampering 5G deployment; Vodacom appeals Please Call Me High Court ruling.
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M&AVodacom moves closer to Vodafone Egypt takeover
Vodacom gets shareholder backing for acquisition of 51% stake. Regulatory approval is still required.
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PremiumElsewhere in Vodafone Associates & JVs: Egypt reducing dirty diesel
Regulatory decision on TPG’s FTTB expansion plan nears; Egypt takes hybrid to reduce dirty diesel.
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M&AVodacom expands into Egypt with Vodafone stake switch
Vodafone to increase its stake in Vodacom to more than 65% following the transaction. Internal deal follows STC’s failed mission to buy Vodafone Egypt during 2020.
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M&AVodacom aims for 100m fintech users on road to sale
CEO Shameel Joosub sets sights on nine-figure base to win better bargaining position with potential buyers and partners. Vodacom taking control of fintech offerings in Ghana and Egypt, to fuel expansion.
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M&AVodafone’s nudge technique gets STC ‘back to table’
Regional media reports indicate that Saudi Telecom Company is seeking to revive a buyout of the Group’s Egyptian business, after failure of 2020 deal. Move follows Vodafone’s exploration of an internal switch of Egyptian OpCo.
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PremiumVodafone Q1 FY21–22: ‘Phase two’ relaunched with M&A sweetener
Some hints of compromise with City overseers as Vodafone re-seeds post-pandemic, digital-led growth plan. New Chairman van Boxmeer appears to be lighting a fire under Group mindset and strategy. M&A talked up as a lever to help Vodafone in the push to revive growth. Another chunk of Vantage could ...
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Partnerships & AlliancesTelecom Egypt to hold Vodafone to “strict” dividend deal
Executives of Vodafone’s Egyptian partner suggest new deal gives watertight dividend flow from their joint mobile business. Agreement creates path for Vodafone to do an internal switch of its Egyptian OpCo, following failed Saudi Telecom deal.
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PremiumElsewhere in BT Global: Egypt license renewed
Egyptian licences get a refresh; Global turns to IR to help tie together virtual rooms.
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PremiumRejigged tie-up could find Vodafone Egypt a home
Vodafone secures route to in-Group transfer of Egypt stake in quid pro quo deal with local partner. Kenya-esque Vodacom hand-off of Egyptian interest one possibility.
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OperationsVodafone banks on the Nile for flow of efficiencies
Group Annual Report sheds light on shared services transformation under the _VOIS division. Egypt emerges as the Group’s largest territory by headcount. CFO Della Valle points to _VOIS “role efficiencies” as it de-siloes, standardises, and harmonises operations.
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M&AVodafone readies cheque for Egyptian fintech players
Vodafone Egypt signs MoU for minority stakes in digital payment players Bee and Masary. New Vodafone Egypt CEO Abdallah seeks to paint deal as part of “promising” strategic investment plan, following Group’s failed exit.
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M&AVodafone abandons Egypt exit talks
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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PremiumElsewhere in Vodafone's Associates and JVs: Vi joins techco targets
Vi toes the techco line; Zain not intent on gate-crashing Vodafone Egypt sale.
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PremiumElsewhere in Vodafone’s Associates & JVs: Telenet-VodafoneZiggo merger raises concerns
New Greek towers JV cleared; VodafoneZiggo future remains in spotlight.
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