Completion of disposal of Polkomtel

RNS Number : 8231R

Vodafone Group Plc

09 November 2011

 



9 November 2011

VODAFONE ANNOUNCES COMPLETION OF THE DISPOSAL OF ITS STAKE IN POLKOMTEL

Further to the announcement on 30 June 2011, and following clearance of the transaction by the Polish competition authority, Vodafone¹ today announces the completion of the disposal of its entire 24.4% interest in Polkomtel in Poland.

Vodafone has received a cash consideration of approximately €920 million (£790 million²) from Spartan Capital Holdings SP. z o.o before tax and transaction costs.

For further information:

Vodafone Group

Investor Relations	Media Relations
Tel:  [phone]	Tel:  [phone]

About Vodafone

Vodafone is one of the world's largest mobile communications companies by revenue with approximately 391 million customers in its controlled and jointly controlled markets as at 30 September 2011. Vodafone currently has equity interests in over 30 countries across five continents and more than 40 partner networks worldwide.  For more information, please visit www.vodafone.com

Notes

1 The sellers are Vodafone Americas Inc. and Vodafone International Holdings B.V., wholly-owned subsidiaries of the Vodafone Group.

2 At an exchange rate of EUR/GBP 1.17.

 

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