All Vodafone Egypt articles – Page 3
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OperationsNew _VOIS premises for the “Bride of the Mediterranean”
New space to provide 1,000 new jobs.
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M&AVodacom edges closer to Vodafone Egypt buyout
Local reports claim Vodafone has obtained regulatory approval.
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PremiumVodafone 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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PremiumVodafone 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 & InfraVodacom seeks strategic partners for ‘Africa FibreCo’
SA group’s infra overhaul continues with plan for regional wireline play.
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Financial & PerformanceVodafone 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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PremiumElsewhere 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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PeoplewatchEx-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&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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PremiumElsewhere in Vodafone Associates & JVs: TPG’s billion-dollar strategy
TPG unveils billion-dollar strategy; Telecom Egypt to retain Vodafone stake.
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PremiumElsewhere 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&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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Venturing & InvestmentsElsewhere 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&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 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.
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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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M&AVantage back in shop window as Vodafone builds revival
M&A remains a lever to help Vodafone revive growth, says CEO Read. New Chairman van Boxmeer lighting a fire under Group strategy and ambition. Another chunk of Vantage could be sold off to “like-minded” partner. Hint made of some UK deal-making in pipeline. Egyptian and Spanish assets remain in ...
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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.