MbS made the remarks at an annual speech to the advisory Shura Council, which he gave on behalf of his father, King Salman
mena9 hours ago
The Financial Times quoted sources familiar with the matter as saying a swap was considered a “preferred option” to selling the unit outright or merging it with a British rival.
But although trading T-Mobile UK for a unit such as Vodafone Turkey, that country’s second biggest mobile operator, would be an ideal solution for Deutsche Telekom, it was not certain that Britain’s Vodafone was interested.
“There are also other assets in central and eastern European countries that would help (Deutsche Telekom) shore up its position in markets in which it is already active,” one of the newspaper’s sources was quoted as saying.
Deutsche Telekom is active in 15 countries in the region, including Austria and Greece, the report said.
Meanwhile, Vodafone and Telefonica are mulling bids for T-Mobile UK, which could be worth at least 3.0 billion euros (4.2 billion dollars), a source cited by the newspaper said.
MbS made the remarks at an annual speech to the advisory Shura Council, which he gave on behalf of his father, King Salman
mena9 hours ago
His visit to Cairo aimed to salvage stalled negotiations mediated by Egypt, Qatar and the United States to end the conflict
world9 hours ago
The group accused Israel, which has so far refused to comment, as US denies involvement
mena9 hours ago
Hundreds of pagers belonging to the armed group exploded in Lebanon on Tuesday, killed 12 people, including two children, and wounded up to 2,800 others
world9 hours ago
They view it as a pivotal move toward fostering inclusivity and diversity in corporate structures
uae9 hours ago
Israel has not yet commented on the explosions
europe9 hours ago
The meeting saw engaging discussions on Sinomach’s strategic initiatives and ongoing projects in the region
economy10 hours ago