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CAIRO: Vodafone Group Plc said it remains in talks to sell its Egyptian business to Saudi Telecom Co, after failing to finalise terms before a deadline.
Vodafone “remains in discussions with Saudi Telecom to finalise the transaction in the near future”, and “now looks to Saudi Telecom and Telecom Egypt to find a suitable agreement to enable the transaction to close”, the UK-based mobile carrier said in a statement.
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