Vodafone Greece Acquires CYTA Telecommunications for EUR118 Million
11 Luglio 2018 - 10:59AM
Dow Jones News
By Carlo Martuscelli
Vodafone Group PLC (VOD.LN) said Wednesday that its Vodafone
Greece subsidiary has acquired CYTA Telecommunications Hellas SA
for 118 million euros ($138.5 million).
The telecommunications major said the acquisition will help its
Greek subsidiary expand its fixed network and increase its customer
base.
The acquired company has around 300,000 fixed broadband
customers, equal to about an 8% share of the market, and around
40,000 mobile customers, Vodafone said.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
July 11, 2018 04:44 ET (08:44 GMT)
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