Home Saudi Telecom extends Vodafone Egypt stake purchase until September
 

Keywords :   


Saudi Telecom extends Vodafone Egypt stake purchase until September

2020-07-13 09:26:00| Telecompaper Headlines

(Telecompaper) Saudi Telecom Company (STC) said it would need another two months to complete the purchase of Vodafone Group's 55 percent stake in Vodafone Egypt. STC said in a bourse statement that logistics challenges caused by the Covid-19 pandemic meant both parties need more time to complete the required procedures, including due diligence. Any material development with respect to the transaction would be announced to the bourse in due course. 

Tags: september purchase egypt telecom

Category:Telecommunications

Latest from this category

All news

01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
28.11Modern IT Service Management is Transforming Managed Services. Heres how. (Part 1)
25.11Is Your AI Operation Achieving Long-Term, Sustainable Growth?
Telecommunications »
06.12Introducing USMEFs new chair
06.12This Week in Agribusiness, December 6, 2025
06.12This Week in Agribusiness, December 6, 2025
06.12Warm Welcome hubs an 'important' helping hand
06.12FFA Chapter Tribute: Megan Wilde, Santa Maria, Calif.
06.12FFA Chapter Tribute: Megan Wilde, Santa Maria, Calif.
06.12Failed Sarah Ferguson-backed app received 1m taxpayers' money
05.12Five takeaways from the blockbuster Netflix Warner Brothers deal
More »