According to the deal, the value of the global Vodafone Group will exceed $45 billion.
The National Telecom Regulatory Authority’s (NTRA) is a regulatory body, and its role focusses on regulating relations among different communication operators, Talaat said.
According to Vodafone group statement, it’s expected to finalize the deal in March 2022.
Vodafone Egypt affirmed, in a statement on Wednesday, its commitment to the Egyptian market and work to provide a distinguished service to its customers.
The MOU signing marks the beginning of due diligence process for the companies, in one of the most significant deals in the Egyptian digital financial services market.
“Egyptian government is committed to an optimal framework for the telecoms sector, which will enable Vodafone Egypt to deliver on the country’s vision of digitization and financial inclusion and create a technology hub to support our growth in the African region."
Asser Yassin’s recent ad takes social media by storm revealing a few glimpses of the exclusive Vodafone RED Revamp.
The committee investigating a claimed leak of Vodafone Egypt customer data is working around the clock to release its report as soon as possible, Minister of Communications Amr Talaat said Thursday.
The holy month of Ramadan is a time for people to connect with each other to show solidarity, empathy, and care for others, and this is how Vodafone Egypt expertly reflected these values in its latest campaign "Ezwetna Malayeen".
The #1 mobile operator “Vodafone Egypt” announced renewing its partnership with the iconic footballer player of Mohamed Salah, to be their brand ambassador.
The anti-monopoly body said it had received a formal request from Vodafone Egypt to investigate the legality of such move.
The move comes following Saudi Telecom Company (STC) bid to acquire the 55-percent stake of Vodafone Group (VOD.L) in Vodafone Egypt.
“The company’s main goal is to ensure that its shareholders gain the maximum benefit out of the opportunities currently presented.”
“But the company will remain on its investment in Vodafone International Services in Egypt, which it recently acquired,” Froman added.
The agreement won't be final unless the NTRA gives it the okay, it said.
Egypt Today reviews the most prominent pieces of information about the newcomer to the Egyptian market “STC”
Egyptian Prime Minister Mostafa Madbouli met Tuesday with the CEO of Vodafone group, Nicholas Read, along with MCIT Amr Tala’at.
Wazir discussed with the alliance of Fiber Misr Co, Vodafone, and "Hassan Allam Sons" the implementation of the Intelligent Transportation System projects.
Vodafone's chief executive had in November already cast doubt about its continued presence in India after its local joint venture Vodafone Idea posted a record quarterly loss.
"From now on, the NTRA will not hesitate to take all necessary measures to ensure the quality and quality of telecommunications services provided to citizens," the statement said.