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The Saudi Telecom Company

The Saudi Telecom Company latest

Why Did STC Delay Vodafone Egypt Deal?
July 14th, 2020 - 07:00 GMT

Why Did STC Delay Vodafone Egypt Deal?

The Saudi Telecom Company (STC) has said it will need two additional months to close an acquisition deal to buy a 55 percent stake in Vodafone Egypt. According to a logistics expert, Zael Aldayhani, the delay gives STC time to consider the variables that have arisen due to the COVID-19 pandemic and the changes brought on by the global health crisis. STC concluded a deal in January to buy the ...
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