COMPLETION OF THE SALE OF VODAFONE QATAR

RNS Number : 4899J

Vodafone Group Plc

29 March 2018

 

29 March 2018

VODAFONE GROUP ANNOUNCES COMPLETION OF THE SALE OF VODAFONE QATAR

Further to the announcement dated 26 February 2018, Vodafone Group Plc ("Vodafone Group") today announces that Qatar Foundation has completed its acquisition of Vodafone Europe B.V.'s 51% stake in the joint venture company - Vodafone and Qatar Foundation LLC - that controls Vodafone Qatar Q.P.S.C. ("Vodafone Qatar").

Vodafone Group and Vodafone Qatar have entered into a five year Partner Market agreement, ensuring Vodafone Qatar will continue to use the Vodafone brand and benefit from the expertise and assets of Vodafone Group.

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For further information:

Vodafone Group
Media Relations	Investor Relations
www.vodafone.com/media/contact	Telephone:  [phone]

About Vodafone

Vodafone Group is one of the world's largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone Group has mobile operations in 25 countries, partners with mobile networks in 49 more, and fixed broadband operations in 18 markets. As of 31 December 2017, Vodafone Group had 529.1 million mobile customers and 19.3 million fixed broadband customers, including India and all of the customers in Vodafone's joint ventures and associates. For more information, please visit: www.vodafone.com

About Vodafone Qatar Q.P.S.C

Vodafone Qatar Q.P.S.C. ("Vodafone Qatar") provides a range of services including voice, messaging, data and fixed communications in the State of Qatar.  Vodafone Qatar commenced commercial operations in Qatar on 1 March 2009 with around 1.4 million customers now actively using Vodafone's services supported by the Company's state of the art network. Having built a converged IP network, in October 2012 Vodafone Qatar launched a comprehensive range of fibre-based enterprise grade and residential fixed products and services. Through this fibre connectivity, Vodafone Qatar is set to become a total communications provider contributing to the country's digital agenda. Vodafone's mission and purpose is to help its customers and communities to adapt and prosper as new trends and technologies reshape the world. Please visit www.vodafone.qa for more details. 

 

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