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Pramod Kumar and Matt Smith

Pramod Kumar and Matt Smith
e& Vodafone

e& plans 20% Vodafone stake despite latest profit hit

UAE telecom operator e& has proposed to increase its stake in Vodafone, despite blaming its multibillion-dollar investment in its British rival for a drop in half-year net profit. Hatem Dowidar, e&’s CEO, told CNBC Arabia on Wednesday the telco has submitted an offer to increase its stake in Vodafone to 20 percent.“We are hopeful to […]