Egypt: STC extends Vodafone stake acquisition for 90 days

Egypt: STC extends Vodafone stake acquisition for 90 days

Egypt: STC extends Vodafone stake acquisition for 90 days

Saudi Telecom Company (STC), Saudi Arabia’s incumbent telecom operator, announced it is delaying the operation to buy the 55% interest of Vodafone Group in Vodafone Egypt by 90 days, due to logistical challenges caused by the coronavirus.

For more information, please see https://www.ecofinagency.com/telecom/1404-41243-egypt-stc-extends-vodafone-stake-acquisition-for-90-days

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