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Articles tagged with: Vodafone Egypt and Landline
Telecom Egypt Revenues Up on Vodafone Investment
Egypt's landline monopoly operator, Telecom Egypt (TE) has reported a ten-percent rise in full year profits for 2008 to EGP2.79 billion (US$492.2 million), driving largely by its 45% stake in Vodafone Egypt. However, the firm reported a drop in Q4 profits of 27.7% to EGP831 million (US$147.7 million). more
Related Tags: vodafone, driving, telecom-egypt, Egypt
Vodafone Interested in Nigerian Investment
Vodafone has expressed an interest in buying a stake in Nigeria's state owned land-line and mobile operator, Nigeria Telecommunications (NITEL). Nigeria's Vice President Dr Goodluck Jonathan, speaking after a meeting with Vodafone executives led by the its Chief Executive Officer UK, Paul Donovad said that the government is looking for a speedy privatisation of the company. more