Vodafone Group Plc VODAFONE GREECE ACQUIRES CYTA TELECOMMUNICATIONS (2855U)
11 Luglio 2018 - 10:15AM
UK Regulatory
TIDMVOD
RNS Number : 2855U
Vodafone Group Plc
11 July 2018
11 July 2018
VODAFONE GREECE ACQUIRES CYTA TELECOMMUNICATIONS HELLAS S.A.
Vodafone Group today announces that Vodafone-Panafon Hellenic
Telecommunications Company S.A. ("Vodafone Greece") has completed
the acquisition of CYTA Telecommunications Hellas S.A. ("CYTA
Hellas") for a total enterprise value of EUR118 million.
CYTA Hellas is a provider of fixed and mobile telecommunication
services in Greece. It owns a fibre optic Next Generation Network
and offers mobile services through a Mobile Virtual Network
Operator with Vodafone Greece. CYTA Hellas has around 300,000 fixed
broadband customers (c. 8% market share) and around 40,000 mobile
customers.
Through this acquisition, Vodafone Greece will expand its fixed
network, increase its customer base and secure additional
capabilities and expertise for the benefit of its customers.
- ends -
For further information:
Vodafone Group
Media Relations Investor Relations
www.vodafone.com/media/contact Telephone: +44 (0) 7919 990 230
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 46
more, and fixed broadband operations in 18 markets. As of 31 March
2018, Vodafone Group had 535.8 million mobile customers and 19.7
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.
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END
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