Vodafone Group completes sale of Vodafone Qatar

3 Apr 2018

Following a deal disclosed on 26 February 2018, Vodafone Group announced on 29 March that Qatar Foundation has completed its acquisition of Vodafone Europe’s 51% stake in the joint venture company Vodafone & Qatar Foundation, which controls mobile operator Vodafone Qatar. As previously reported by CommsUpdate, the price for the stake was QAR1.350 billion (USD367 million).

Vodafone Group and Vodafone Qatar have entered into a five-year Partner Market agreement, ensuring Vodafone Qatar will continue to use the Vodafone brand ‘and benefit from the expertise and assets of Vodafone Group’ despite the UK giant exiting the cellco’s ownership.

Qatar, Vodafone Group, Vodafone Qatar