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STC and Rakuten Mobile sign cooperation agreement

2020-10-12 13:20:00| Telecompaper Headlines

(Telecompaper) Saudi operator STC and Rakuten Mobile have signed a cooperation agreement covering innovation and strategic mobile technology. The two companies will explore future opportunities to collaborate in various technology domains, including, fully autonomous digital platforms serving cloud networks, OpenRAN deployment options for greenfield and brownfield use-cases, operating models and business value realisation.

Tags: sign mobile agreement cooperation

 

STC fails to strike deal on buying Vodafone Egypt stake

2020-09-14 09:11:00| Telecompaper Headlines

(Telecompaper) Saudi Telecom Company (STC) said no agreement has been reached to buy a 55 percent stake in Vodafone Egypt, but the parties have agreed to keep the dialogue open. The company said in a bourse statement there was a "misalignment" among the parties involved. 

Tags: deal buying strike egypt

 
 

STC seeks to slash USD 2.40 bln offer for Vodafone Egypt - report

2020-09-08 09:39:00| Telecompaper Headlines

(Telecompaper) Saudi Telecom Company (STC) is in discussions to reduce its non-binding USD 2.39 billion offer for a stake in Vodafone Egypt, Bloomberg reported, citing two people with direct knowledge of the talks. The discussions come as a deadline nears for STC to move ahead with the non-binding offer first made in January. In July, the Saudi extended the memorandum of understanding for 60 days because of the effects of the Covid-19 pandemic. 

Tags: report offer usd egypt

 

STC moves one step closer to acquiring majority share of Vodafone Egypt

2020-07-07 02:00:00| Total Telecom industry news

Back in January, Saudi Telecom Company (STC) signed a memorandum of understanding with Vodafone Group to acquire its 55% stake in Vodafone Egypt. At the time, the deal was evaluated at around $2.4 billion, with the accompanying partner market agreement including the use of the Vodafone brand and preferential roaming agreements…read more on TotalTele.com »

Tags: share step majority egypt

 

Forplan AG, STC Dip Spin Align, Expand Zinc Flake Coatings Industry Capabilities

2020-06-18 17:13:31| Coatings World Breaking News

Tags: industry expand capabilities spin

 

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