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STC not ready to give up on Vodafone Egypt deal
2021-09-27 02:00:00| Total Telecom industry news
Saudi Telecom (STC) has been in discussions over the purchase of Vodafone Egypt for almost two years now. The saga began back in January 2020, when the two companies entered into a non-binding agreement that would see the Saudi operator purchase Vodafone’s 55% stake in Vodafone Egypt for $2…read more on TotalTele.com »
STC looks for USD 1 bln in financing to complete Vodafone Egypt deal
2021-09-24 12:01:00| Telecompaper Headlines
(Telecompaper) STC and Vodafone Egypt have returned to the discussion floor, regarding the sale of Vodafone's 55 percent stake in Vodafone Egypt, after getting...
STC and Virgin MEA receive first MVNO licence in Kuwait
2021-03-22 08:29:00| Telecompaper Headlines
(Telecompaper) STC Kuwait and Virgin Mobile Middle East and Africa (VMMEA) received the Communication and Information Technology Regulatory Authority's approval for the first MVNO licence in Kuwait...
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STC deploys 5G network in over 47 cities
2021-02-12 11:59:00| Telecompaper Headlines
(Telecompaper) Saudi operator STC announced the deployment of its 5G network in over 47 cities around the country as part of its plan to strengthen its leadership...
Vodafone terminates acquisition talks with STC over Egyptian stake
2020-12-21 14:58:00| Telecompaper Headlines
(Telecompaper) Vodafone Group said its discussions with Saudi Telecom Company (STC) regarding the sale of Vodafone's 55 percent shareholding in Vodafone Egypt have been terminated. Vodafone Group CEO Nick Read said the Egyptian government is committed to an optimal framework for the telecoms sector, which will enable Vodafone Egypt to fulfil the country's vision of digitisation and financial inclusion, and create a technology hub to support its growth in the African region.
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