Emirates-backed stake in Vodafone is security risk, says UK
by Jack Simpson from on (#6J4D8)
UAE firm's increased investment prompts Cabinet Office order for security panel at telecoms company
The stake in Vodafone held by a United Arab Emirates-backed telecoms group poses a national security risk to the UK, the government said.
The Cabinet Office issued a notice late on Wednesday warning that the 14.6% stake held in Vodafone by Emirates Telecoms, which is also known as e&, amounted to a security concern given Vodafone's strategic role in the country's telecommunications services.
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