You Are Reading

0

Africa and the Middle East

Anonymous
Egypt

In November 1998, Vodafone Egypt network went live under the name ClickGSM.

On 8 November 2006, the Company announced a deal with Telecom Egypt, resulting in further co-operation in the Egyptian market, and increasing its stake in Vodafone Egypt. After the deal, Vodafone Egypt was 55% owned by the group, while the remaining 45% was owned by Telecom Egypt.

Kuwait

On 18 September 2002, Vodafone signed a Partner Network Agreement with MTC group of Kuwait. The agreement involved the rebranding of MTC to MTC-Vodafone. On 29 December 2003, Vodafone signed another Partner Network Agreement with Kuwait's MTC group. The second agreement involved co-operation in Bahrain and the branding of the network as MTC-Vodafone.

South Africa (Vodacom)

On 3 November 2004, the Company announced that its South African affiliate Vodacom had agreed to introduce Vodafone's international services, such as Vodafone live! and partner agreements, to its local market.

In November 2005, Vodafone announced that it was in exclusive talks to buy a 15% stake of VenFin in Vodacom Group, reaching agreement the following day. Vodafone and Telkom then had a 50% stake each in Vodacom. Vodafone now owns 65% of Vodacom after purchasing a 15% stake from Telkom.

On 9 October 2008, the company offered to acquire an additional 15 per cent stake in Vodacom group from Telkom. The finalised details of the agreement were announced on 6 November 2008. The agreement called for Telkom to sell 15 per cent of its 50 per cent stake in Vodacom to the group, and demerge the other 35 per cent to its shareholder. Meanwhile, Vodafone has agreed to make Vodacom its exclusive sub-Saharan Africa investment vehicle, as well as continuing to maintain the visibility of the Vodacom brand. The transaction is closed in May/June 2009.

On 18 May 2009, Vodacom entered the JSE Limited stock exchange in South Africa after Vodafone increased its stake by 15% to 65% to take a majority holding, despite disputes by local trade unions.

Ghana

In December 2007, a Vodafone Group-led consortium was awarded the second mobile phone licence in Qatar, and on 3 July 2008, Vodafone agreed to acquire a 70% stake in Ghana Telecom for $900 million. The acquisition was consummated on 17 August 2008. The same group-led consortium won the second fixed-line licence in Qatar on 15 September 2008.

On 15 April 2009, Ghana Telecom, along with its mobile subsidiary onetouch, was rebranded as Vodafone Ghana.

U.A.E.

On 28 January 2009, the group announced a partner network agreement with Du, the second-largest operator of the United Arab Emirates. The agreement involved co-operation on international clients, handset procurement, mobile broadband etc.

Libya

On 24 February 2010, the group signed a partner network agreement with the second-largest operator in Libya, al Madar.

0 comments:

Post a Comment

 
 
Powered By Coming Soon Live