LONDON--Vodafone Group PLC (VOD.LN) said Friday it and Belgacom S.A. (BELG.BT) have renewed their partner market agreement in Belgium and Luxembourg for a further three years.

Under the agreement, Belgacom and Vodafone's customers will be able to roam on each other's mobile networks and will continue to benefit from joint mobile device procurement.

Vodafone shares at 0810 GMT down 2 pence, or 0.78%, at 197 pence valuing the company at 52.02 billion pounds ($88.24 billion).

-Write to Ian Walker at ian.walker@wsj.com

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