UAE’s e& enters into strategic partnership with Vodafone

  • Date: 11-May-2023
  • Source: GCC Business News
  • Sector:Financial Markets
  • Country:UAE
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UAE’s e& enters into strategic partnership with Vodafone

UAE’s e& and Vodafone Group have agreed to a strategic relationship that will bring the two operators closer together in certain aspects of their businesses.

As part of this strategic relationship, e& and Vodafone have entered into a relationship agreement that establishes e& as a cornerstone shareholder of Vodafone.

This is the next phase in a strategic relationship that began in May 2022, when e& made its original investment in Vodafone.

Hatem Dowidar

CEO – e& “Our investment in Vodafone is anchored by Vodafone Group’s established position and worldwide reputation as a prominent industry player that provides cutting-edge connectivity and digital services. This aligns with e&’s vision of becoming a global telecom and technology player. We extend a warm welcome to Margherita Della Valle as Vodafone’s newly appointed Group Chief Executive Officer, and we have full confidence in her leadership abilities to steer the company toward growth. We are convinced that our strategic relationship will unlock opportunities for both companies to explore the swiftly expanding global telecom market and next-generation technologies.”

The strategic relationship also enables collaboration across a broad range of growth areas, as e& and Vodafone may benefit from each other’s respective operational scale and complementary geographic footprint.

According to the statement, “In Procurement,