All Vodafone Egypt articles
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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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Network & Infrastructure
Vodafone 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 & Investments
Qatar 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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Operations
New _VOIS premises for the “Bride of the Mediterranean”
New space to provide 1,000 new jobs.
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M&A
Vodacom edges closer to Vodafone Egypt buyout
Local reports claim Vodafone has obtained regulatory approval.
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People
Vodafone people moves: Vi’s transformation rolls on
Senior Vi changes continue, with a fresh Operations Director from Bharti Airtel to join the new CEO.
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Financial & Performance
Vodafone Q1 FY22–23: overall resilience masks in-country patchwork and continuing M&A hiatus
Familiarly solid set of results met with familiar lack of notable strategic activity.
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Network & Infrastructure
Vodacom seeks strategic partners for ‘Africa FibreCo’
SA group’s infra overhaul continues with plan for regional wireline play.
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Financial & Performance
Vodafone Q4 FY21–22: Super apps and fintech investment to drive Vodacom growth
FY21–22 results underline revenue diversification ambitions, with ‘new services’ set to contribute increasing proportion to bottom line.
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Strategy & Change
Elsewhere in Vodafone Associates & JVs: Bharti Airtel Chairman wants “affordable” spectrum
TRAI proposes near-40% reduction across spectrum bands in upcoming auction; Vodafone Egypt acquires 10% stakes in e-payment platforms Bee and Masary.
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People
Ex-Vodafone exec to lead Etisalat International
Mikhail Gerchuk takes charge of Etisalat’s international division. Joins Hatem Dowidar, Etisalat Group CEO and fellow Vodafone alumnus.
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M&A
Vodacom moves closer to Vodafone Egypt takeover
Vodacom gets shareholder backing for acquisition of 51% stake. Regulatory approval is still required.
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Strategy & Change
Elsewhere 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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Venturing & Investments
Elsewhere in Vodafone Associates & JVs: TPG’s billion-dollar strategy
TPG unveils billion-dollar strategy; Telecom Egypt to retain Vodafone stake.
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Strategy & Change
Elsewhere in Vodafone Associates & JVs: KKR bids for TIM
KKR submits cheeky bid for TIM; TPG requests joint functional separation undertaking.
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M&A
Vodacom 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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Venturing & Investments
Elsewhere in Vodafone Associates & JVs: TPG launches smart farming trial
INWIT banks EIB backing; TPG launches government-funded smart farming trial; Vantage shakes CRA hand for Czech IoT expansion.
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M&A
Vodacom 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&A
Vodafone’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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Financial & Performance
Vodafone Q1 FY21-22 Headlines: pandemic snags unwind, gradually
Group bounces out of pandemic slump, helped by lapping and increased business confidence. Cautious CEO warns of further “bumps in the road”. In Spain, another large-scale downsizing move made under cover of Digital Telco transformation, and as fodder for Group’s centralisation-led efficiency plans.
