Egypt – Page 4
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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&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.
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M&AVodafone Egypt sale inches forward
STC reportedly completes its due diligence. Potential deal still muddied by questions over 45% stake held by Telecom Egypt.
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PremiumVodafone Q4 FY19–20 management update: staying the course, post-coronavirus
Read infers Group is better placed, post-Colao for economic downturn. Della Valle confirms new, AT Kearney-inspired €1bn cost-cutting plan, after trailering move in late-2019. No disruption to Read’s M&A overhaul, beyond Egypt. Targets hit but glitchy performance, both at OpCos and Vodafone Business.
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PremiumVodafone jumps aboard 2Africa subsea cable project
Facebook features among consortium pals. Sign Vodafone Carrier Services has not been forgotten. Continent’s existing long-distance networks, including those co-owned by Group, seen as inadequate.
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PremiumVodafonewatch roundup — May-June 2020
The latest Vodafone Group news from around the world from Vodafonewatch #186. Group changes see Partner Market expansion; a sustainability pledge; and blockchain endeavours. In Europe: VfUK flagged partnerships in cyber security; VfD continues 5G work; VfIT gets Microsoft deal.
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PremiumDeutsche Telekom eyes challenge to Vodafone’s alliance network
Vodafone has been using Partner Market arrangements since 2002 to create a strategic presence outside its own network footprint. DT is now signalling plans to create competing alliances.
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PremiumVodafone’s Egypt sell-off hits road bump
Vodafone’s plan to sell its majority stake in Vodafone Egypt (VfEg) came up against a road bump
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Strategy & ChangeVodafone's Egyptian exit agreed as Read’s scale-back continues
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.
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Strategy & ChangeVodafone Shared Services gets a facelift for digital era
Self-styled “Intelligent” division nods to shift towards automation and AI.
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PremiumVodafone Egypt awarded VMware Cloud Verified status
VfEg becomes first service provider in Egypt to gain the status.
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PremiumVodafone strains Telecom Egypt out of Egyptian services arm
Awkward co-ownership with incumbent dealt with. A step in recalibration of Shared Services — and possibly VfEg too.
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PremiumVodafone Egypt extends Ericsson partnership
Egyption OpCo extends existing BSS partnership with supplier Ericsson to support 5G and IoT.
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Suppliers & SCMVodafone’s Partner and Supplier People Moves, October 2019
Latest partner/supplier people movement highlights include: Amazon Web Services, Cisco, Hewlett-Packard Enterprise, Red Hat.
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PremiumVodafone Rest of World Region People Moves, October 2019
Latest people movements include: Aneeqah Vahed, Tanja Vermeulen, Nuno Duarte, Marwan Amin, Zeinab Sono, Tushir Malik, Sahil Verma.
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PremiumVodafone Egypt chosen as digital partner for new healthcare system
VfEg among the beneficiaries of a local visit in May 2019 by Liam Fox, UK Secretary of State for International Trade The visit was accompanied by the signing of new partnership agreements.
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PremiumVodafone Egypt fined, following service outage
Vodafone Egypt fined EGP 10m, for service disruption.
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PremiumVodafone’s ‘other’ division continues slide to background
Currency weakness dampens Region’s growth. Division out in the cold, with strategic plans focusing elsewhere.
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PremiumNokia supports VfEg on user data consolidation project
Simplification and cloud buzzword boxes ticked.
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Products & ServicesVfEg deploys Red Hat’s Cloud Suite to upgrade website
Agile technology and ways-of-working accentuated.
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