Houthi authorities complete takeover of Yemen's oldest and largest mobile phone company and appoint new management

Houthi authorities complete takeover of Yemen's oldest and largest mobile phone company and appoint new management


The Houthi coup authorities have completed their takeover of Sabafon , Yemen's oldest and largest mobile phone service company.

Sabafon company said in a statement issued on Thursday that an armed group affiliated with the Houthi group on Wednesday stormed the company's headquarters by force and took control of its administrations and imposed managers on the company affiliated with the group and forged its papers and stamps.

The company denied the validity of all the provisions of the generalization of the break-in group about the alleged holding of its general assembly or the change of some members of its board of directors or the chairman of the board of directors, pointing out that the confiscation of private funds requires a strict judicial ruling, which did not happen in the case of Sabafon, the statement said.

It is worth mentioning that this procedure comes as the culmination of a series of violations against the telecommunications sector in Yemen and affected all mobile phone companies in Yemen, including Sabafon, which was forced to pay tens of millions of dollars since the Houthi rebels took control of Sana'a under several names and the group took court orders to seize their bank accounts.


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