Vodafone Group Plc Vodafone Egypt Acquires Spectrum (2954E)
04 Noviembre 2020 - 10:50AM
UK Regulatory
TIDMVOD
RNS Number : 2954E
Vodafone Group Plc
04 November 2020
4 November 2020
VODAFONE EGYPT ACQUIRES SPECTRUM TO EXPAND NETWORK CAPACITY
Vodafone Egypt has acquired 40 MHz of 2.6 GHz TDD spectrum from
the National Telecommunications Regulatory Authority (NTRA). The
spectrum will enable Vodafone Egypt to significantly expand network
capacity to meet growing demand for reliable, high quality voice
and data services.
The spectrum acquired has a ten-year licence term through to
2030. Payments will be phased over three years, with an initial
payment of $270 million (EUR230 million) upon receipt of the
spectrum and two further payments of $135 million (EUR115 million)
due in 2021 and 2022 respectively.
Vodafone Egypt has the following spectrum holdings before and
after the auction:
Existing Holding Purchased Post-purchase
900 MHz 2 x 12.5 MHz (Exp. 2 x 12.5 MHz (Exp.
2031) 2031)
----------------------- ------------- -----------------------
1800 MHz 2 x 10 MHz (Exp. 2031) 2 x 10 MHz (Exp. 2031)
----------------------- ------------- -----------------------
2.1 GHz 2 x 20 MHz (Exp. 2031) 2 x 20 MHz (Exp. 2031)
----------------------- ------------- -----------------------
2.6 GHz 40 MHz (Exp. 40 MHz (Exp. 2030)
2030)
----------------------- ------------- -----------------------
- ends -
For more information, please contact:
Investor Relations Media Relations
Investors.vodafone.com Vodafone.com/media/contact
ir@vodafone.co.uk GroupMedia@vodafone.com
Registered Office: Vodafone House, The Connection, Newbury,
Berkshire RG14 2FN, England. Registered in England No. 1833679
About Vodafone
Vodafone is a leading technology communications company keeping
society connected and building a digital future for everyone.
Vodafone is focused on two scaled and differentiated regional
platforms in Europe and Africa. We operate mobile and fixed
networks in 22 countries and partner with mobile networks in 48
more. As at 30 June 2020 we had over 300m mobile customers, more
than 27m fixed broadband customers and over 22m TV customers.
We connect for a better future. We are optimistic about how
technology and connectivity can enhance the future and improve
people's lives. Through our business, we aim to build a digital
society that enhances socio-economic progress, embraces everyone
and does not come at the cost of our planet. That is why we have
committed to improve one billion lives and halve our environmental
impact by 2025.
For more information, please visit: www.vodafone.com .
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END
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