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RNS Number : 1072N
Vodafone Group Plc
23 July 2014
23 July 2014
VODAFONE COMPLETES EUR7.2 BILLION ACQUISITION OF ONO
Vodafone Group Plc today confirms that it has completed the
acquisition of 100% of the share capital of Grupo Corporativo Ono,
S.A.. The total consideration is equivalent to EUR7.2 billion
(GBP5.7 billion) on a debt and cash free basis.
The transaction accelerates Vodafone's unified communications
strategy in a key, highly converged European market, providing a
significant time-to-market advantage and network reach that is
complementary to Vodafone Spain's ongoing fibre-to-the-home build
programme with Orange.
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For further information:
Vodafone Group
Investor Relations Media Relations
Tel: +44 (0) 7919 990 230 www.vodafone.com/media/contact
About Vodafone
Vodafone is one of the world's largest telecommunications
companies and provides a range of services including voice,
messaging, data and fixed communications. Vodafone has mobile
operations in 26 countries, partners with mobile networks in 52
more, and fixed broadband operations in 17 markets. As of 31 March
2014, Vodafone had 434 million mobile customers and 9 million fixed
broadband customers. For more information, please visit:
www.vodafone.com
This information is provided by RNS
The company news service from the London Stock Exchange
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