Vodacom Group is entering North Africa for the first time, announcing on Wednesday that it will acquire Vodafone Egypt from parent Vodafone Group for R41-billion. The group will acquire the controlling stake in Vodafone Egypt subject to regulatory and shareholder approvals. It will fund the acquisition of the 55% stake in Vodafone Egypt by issuing [...]
Egypt’s mobile network operator, Vodafone Egypt, has introduced Direct Carrier Billing (DCB) on the Google Play store, in collaboration with TPAY Mobile. TPAY Mobile is one of the leading digital payment enablers in the Middle East and Africa. With this collaboration, Vodafone Egypt’s subscribers will be able to purchase from Google Play and conveniently charge [...]
Vodafone International has signed an agreement to acquire the Vodafone Egypt International Services (VIS) platform, one of Vodafone Egypt’s local subsidiaries in the local market, for EGP 1 billion, as part of its plan to develop its direct investment in outsourcing services in Egypt. Vodafone Egypt holds 55% of the VIS platform, while 45% of [...]
Video streaming iflix has struck up an alliance with Vodafone Egypt to offer subscribers the iflix library of TV shows, movies and new local and regional Ramadan series for EGP1 per day. Other than the deal, the video-on-demand provider (VOD) has already opened a new regional headquarter in Cairo. Iflix has stated that this move [...]