Saudi Telecom


Vodafone agrees US$2.4 billion Egypt sale to STC 

Vodafone looks set to exit the Egyptian market with Saudi Telecom (STC) agreeing a deal to acquire the British telco’s 55% stake in Vodafone Egypt for US$2.4 billion. Vodafone Egypt is the largest telco in the country, with Vodafone being the nation’s largest foreign investor. The operator has a market share of 44% of a […]