VODAFONE COMPLETES SALE OF VODAFONE MALTA
Source: RNS
1 April 2020
VODAFONE COMPLETES SALE OF VODAFONE MALTA
Further to the announcement on 19 December 2019, Vodafone Group Plc announces it has completed the sale of 100% of Vodafone Malta to Monaco Telecom SAM for a cash consideration equivalent to an Enterprise Value of €250 million, implying FY19 multiples of 7.8x EBITDA and 13.1x OpFCF1.
1. Defined as EBITDA minus capex
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About Vodafone Group
Vodafone Group is one of the world's leading telecoms and technology service providers. We have extensive experience in connectivity, convergence and the Internet of Things, as well as championing mobile financial services and digital transformation in emerging markets.
Vodafone Group has mobile operations in 24 countries, partners with mobile networks in 42 more, and fixed broadband operations in 19 markets. As of 31 December 2019, Vodafone Group had approximately 625 million mobile customers, 27 million fixed broadband customers and 22 million TV customers, including all of the customers in Vodafone's joint ventures and associates. For more information, please visit: www.vodafone.com.
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