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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Vodafone Group Plc | LSE:VOD | London | Ordinary Share | GB00BH4HKS39 | ORD USD0.20 20/21 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.62 | 0.91% | 68.44 | 68.40 | 68.44 | 68.74 | 67.82 | 67.96 | 88,262,864 | 16:29:56 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Radiotelephone Communication | 45.71B | 11.84B | 0.4372 | 1.57 | 18.53B |
By Ian Walker
LONDON--Vodafone Group PLC (VOD.LN) said Friday it has extended its market agreement with Africa's 4G-LTE telecommunications operator Afrimax Group with the launch of a joint service in Cameroon.
Under the deal, the two companies will launch long-term evolution data services under the Vodafone Cameroon brand initially in Cameroon's two biggest cities, Douala and Yaounde. LTE is a standard for high-speed wireless communication for mobile phones and data terminals.
As part of the roll-out of Vodafone Cameroon, the partnership will open Vodafone-branded retail stores and kiosks, supported by a network of distributors and resellers offering an attractive range of LTE handsets and devices.
The launch in Cameroon builds on the framework agreement between Vodafone and Afrimax, announced in November 2014, to co-operate and explore potential partner market opportunities in a variety of territories in sub-Saharan Africa, the companies said in a joint statement.
As part of the agreement, Vodafone and Afrimax have already partnered to launch LTE services in Uganda and Zambia.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
September 23, 2016 02:44 ET (06:44 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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