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Portfolio 6 - Marwan Seif 900091456 JRMC 3355 Portfolio...

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Marwan Seif 900091456 JRMC 3355 Portfolio 6 (Vodafone) 1. Background Vodafone Egypt is the largest mobile phone company in Egypt in terms of active subscribers. It was launched in 1998 under its former name Click GSM . It covers various voice and data exchange services, as well as 3G , ADSL and broadband Internet services. In1998, Vodafone Egypt (Ex Misrfone Telecommunication Company/Click GSM) entered the Egyptian telecom market as the second operator; a consortium between Vodafone international, Air Touch, and local/ international partners. In 1999, Vodafone Group acquired Air Touch share and in 2002, it acquired International Partner VIVENDI France share. In January 2002, Click GSM was rebranded to Vodafone Egypt. Since 2007, Vodafone Egypt’s shareholders structure consisted of Vodafone Group with 54.93%; Telecom Egypt with 44.94% and a minority free float of 0.13%.
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