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TMCNet:  Telecom Egypt says didn't receive bid to sell stake in Vodafone Egypt [Arab Finance (Egypt)]

[December 25, 2013]

Telecom Egypt says didn't receive bid to sell stake in Vodafone Egypt [Arab Finance (Egypt)]

(Arab Finance (Egypt) Via Acquire Media NewsEdge) Arab Finance ETEL : Mohamed El-Nawawy , CEO of Telecom Egypt (), stated that Saudi Telecom Company didn't submit bid to acquire TE stake in Vodafone Egypt, Anadolu Agency reported. Telecom Egypt owns about 45 % in Vodafone, while the remaining 55 % owned by Vodafone International. He added that, the company didn't receive bids to sell stake in Vodafone so far. According to an official in Vodafone, STC entered talks with TE to acquire its stake in Vodafone. Source : Anadolu Agency & Arab Finance editor (c) 2013 Arab Finance Brokerage Company All rights reserved. Provided by Syndigate.info, an Albawaba.com company


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