M&A Activity • Jan 16, 2024
M&A Activity
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Translation of the Portuguese Original (In the event of any discrepancy, the Portuguese Original shall prevail)
NOS and Vodafone Portugal reached an agreement to develop and share dark fibre in around 1.1 million homes nationwide. With this agreement, and considering the agreement already signed between the parties in 2017, NOS and Vodafone Portugal will now share fibre access to around 3.9 million homes.
The partnership implies sharing an equivalent amount of investment and presupposes that the two companies maintain total autonomy in the design of commercial offers, as well as in the choice of technological solutions they decide to implement.
The companies are also guaranteed complete independence and confidentiality of customer relationship and information management.
Sharing this infrastructure promotes a more dynamic market, by creating more competition, provision of higher quality services and more choice, for a growing number of consumers and businesses.
This information is also available on NOS Investor Relations website at www.nos.pt/ir.
Lisbon, 16 January 2024
Contacts
Maria João Carrapato Director of Investor Relations and Sustainability Email: [email protected] Tel .: +351 21 782 4725 Fax: +351 21 782 4735
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