Government strikes Vodafone agreement after UAE stake national security fears
by Martyn Landi
Jan 26, 2024
3 minutes
The Government has reached an agreement with Vodafone to address national security concerns related to a United Arab Emirates-backed telecoms group’s stake in the company.
A number of “proportionate measures” will now be put into place at the London-listed telecoms firm to address concerns and allow it to put a director from the investors on its board.
On Wednesday, Deputy Prime Minister used new powers to declare there were national security risks related to Emirates Telecommunications Group, which does business as Etisalat by e&, holding an almost 15% stake
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