Vodafone shareholder e& will consider joint investments

Published by
Reuters UK

By Yousef Saba DUBAI (Reuters) – UAE telecoms group e& said on Friday it will consider joint investments with Vodafone after buying a 9.8% stake in the British company last week, and is seeking to cooperate on procurement as well as research and development. Hatem Dowidar, chief executive of the company formerly known as Etisalat, said he was confident in Vodafone’s strategy, including streamlining the business and consolidation in Europe. “I believe that they are clear on what needs to be done and they’re trying to do it,” Dowidar said in an interview when asked if Vodafone needs to move more…

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