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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Vodafone Group Plc | LSE:0LQQ | London | Ordinary Share | VODAFONE GROUP ADR REPRESENTING 10 ORD S |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 26.54 | 22,669 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Radiotelephone Communication | 45.71B | 11.84B | 0.4108 | 1.69 | 19.97B |
From Apr 2019 to Apr 2024
TIDMVOD
RNS Number : 5331J
Vodafone Group Plc
03 April 2018
3 April 2018
COMPLETION OF THE SALE OF VODAFONE'S STANDALONE TOWER BUSINESS IN INDIA
TO AMERICAN TOWER
Further to the announcement dated 13 November 2017, Vodafone India has completed the sale of its standalone tower business in India[1] to ATC Telecom Infrastructure Private Limited ("ATC") for an enterprise value of INR 38.5 billion (EUR 478 million).[2]
In the Vodafone India / Idea merger announcement of 20 March 2017, both parties announced their intention to sell their individual standalone tower businesses to strengthen the combined financial position of the merged entity. The merger is expected to complete in the first half of the current calendar year.
Completion of Idea's sale of its standalone tower business to ATC is also expected in the first half of this calendar year.
- ends -
For further information:
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Premium
Vodafone Group
Media Relations Investor Relations
www.vodafone.com/media/contact Telephone: +44 (0) 7919
990 230
About Vodafone
Vodafone Group is one of the world's largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone Group has mobile operations in 25 countries, partners with mobile networks in 49 more, and fixed broadband operations in 18 markets. As of 31 December 2017, Vodafone Group had 529.1 million mobile customers and 19.3 million fixed broadband customers, including India and all of the customers in Vodafone's joint ventures and associates. For more information, please visit: www.vodafone.com
[1] Vodafone India's standalone tower businesses were sold by Vodafone Mobile Services Limited and Vodafone India Limited
[2] Subject to customary closing adjustments. Based on INR/EUR FX rate of 80.62
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISUGUQGCUPRGMP
(END) Dow Jones Newswires
April 03, 2018 02:01 ET (06:01 GMT)
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