VODAFONE COMPLETES SALE OF VODAFONE MALTA

RNS Number : 3124I

Vodafone Group Plc

01 April 2020

 

1 April 2020

VODAFONE COMPLETES SALE OF VODAFONE MALTA

Further to the announcement on 19 December 2019, Vodafone Group Plc announces it has completed the sale of 100% of Vodafone Malta to Monaco Telecom SAM for a cash consideration equivalent to an Enterprise Value of €250 million, implying FY19 multiples of 7.8x EBITDA and 13.1x OpFCF¹.

1. Defined as EBITDA minus capex

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Vodafone Group

Media Relations	Investor Relations
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About Vodafone Group

Vodafone Group is one of the world's leading telecoms and technology service providers. We have extensive experience in connectivity, convergence and the Internet of Things, as well as championing mobile financial services and digital transformation in emerging markets.

Vodafone Group has mobile operations in 24 countries, partners with mobile networks in 42 more, and fixed broadband operations in 19 markets. As of 31 December 2019, Vodafone Group had approximately 625 million mobile customers, 27 million fixed broadband customers and 22 million TV customers, including all of the customers in Vodafone's joint ventures and associates. For more information, please visit: www.vodafone.com .

 

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