Saudi Telecom to acquire Vodafone Egypt’s majority stake for $2.392bn
RIYADH: Vodafone Group has signed a Memorandum of Understanding (MOU) with Saudi Telecom Company (stc) in relation to a potential sale of Vodafone’s 55% shareholding in Vodafone Egypt to Saudi Telecom Company (stc). Vodafone and stc have agreed a cash…