Telefónica, a Spanish telecommunications company, has decided to make a voluntary public acquisition offer in the form of a partial offer to purchase up to 28.19% of its German subsidiary, Telefónica Deutschland, for EUR 2.35 per share in cash.
Telecom Operators
Vodafone Sells Spanish Business to Zegona Communications
Vodafone has signed an agreement to sell its Spanish operations for up to €5 billion to Zegona Communications, an investment firm based in the United Kingdom.
Telecom Egypt and Orange Jordan Sign Collaboration Agreement to Serve IRAQ
Cairo, August 22, 2022: Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, announces the signature of a strategic collaboration agreement with Orange Jordan, the leading operator of integrated communications services and one of Orange Group’s subsidiaries, to create a highly reliable terrestrial system connecting Iraq to Europe through Jordanian and Egyptian territories.
TAWAL Drives stc’s Expansion With EUR1.2 Billion Acquisition in Europe
stc Group, an engine of digital transformation in the MENA region, announces that its ICT infrastructure subsidiary, TAWAL, has signed an agreement to acquire United Group’s telecommunications tower assets.
e& Expands in Europe With €2 Billion Acquisition in CEE Region
e& and PPF Group (PPF) have recently signed a binding agreement, bringing exciting changes to the telecom industry. e& will acquire a controlling stake (50% + 1 share economic stake) in PPF Telecom Group’s (PPF telecom division’s) assets across Bulgaria, Hungary, Serbia and Slovakia.