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Vodafone Group PLC — M&A Activity 2016
Dec 16, 2016
5275_rns_2016-12-16_8dca73fa-09a3-4138-a61e-8caffd36fd17.html
M&A Activity
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RNS Number : 0516S
Vodafone Group Plc
16 December 2016
16 December 2016
VODAFONE COMPLETES SALE OF VODAFONE NETHERLANDS'
CONSUMER FIXED BUSINESS TO T-MOBILE NETHERLANDS
Further to the announcement dated 4 November 2016, Vodafone Group Plc today confirmed the completion of the sale by Vodafone Libertel B.V. ("Vodafone Netherlands") of its consumer fixed business ("Vodafone Thuis") to T-Mobile Netherlands Holding B.V. ("T-Mobile Netherlands") for an undisclosed sum.
The divestment of Vodafone Thuis was pursuant to the commitments offered by Vodafone Group Plc and Liberty Global Plc to the European Commission as a condition of clearance of the merger of Vodafone Netherlands and Ziggo in the Netherlands.
Vodafone Thuis has approximately 150,000 consumer fixed broadband customers.
The merger between Vodafone Netherlands and Ziggo is expected to complete at the end of December 2016.
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For further information:
| Vodafone Group | |
| Media Relations | Investor Relations |
| www.vodafone.com/media/contact | Telephone: +44 (0) 7919 990 230 |
About Vodafone Group
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 49 more, and fixed broadband operations in 17 markets. As of 30 September 2016, Vodafone had 470 million mobile customers and 14 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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