REG - Vodafone Group Plc - NATIONAL ROAMING AGREEMENT WITH 1&1 IN GERMANY

VodafoneAnnouncement

02/08/2023 12:00

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RNS Number : 0796I  Vodafone Group Plc  02 August 2023

2 August 2023

 

NATIONAL ROAMING AGREEMENT WITH 1&1 IN GERMANY

 

Vodafone Group Plc ("Vodafone") announces today that Vodafone GmbH ("Vodafone
Germany") and 1&1 Mobilfunk GmbH ("1&1") have agreed a long-term
national roaming partnership, which will deliver 5G mobile coverage nationwide
to 1&1's customers from the second half of calendar 2024.

 

Key terms of the agreement

·    Exclusive national roaming partnership, supporting current and future
mobile technologies

·    Long-term commercial agreement of up to 18 years, with gradual
implementation during FY25

·   1&1 wholesale unitary costs indexed to Vodafone's mobile network
cost, to reflect the impact of inflation and technology evolution over time,
providing long-term visibility to both parties

 

The agreement is expected to be accretive to Group cashflow from FY26.

 

- ends -

For more information, please contact:

Investor
Relations
Media Relations

investors.vodafone.com (https://investors.vodafone.com/)
                              vodafone.com/news/contact-us
(https://www.vodafone.com/news/contact-us)

ir@vodafone.co.uk (mailto:ir@vodafone.co.uk)
                              GroupMedia@vodafone.com
(mailto:GroupMedia@vodafone.com)

Registered Office: Vodafone House, The Connection, Newbury, Berkshire RG14
2FN, England. Registered in England No. 1833679

 

About Vodafone

Vodafone is the largest pan-European and African telecoms company. Our purpose
is to connect for a better future by using technology to improve lives,
digitalise critical sectors and enable inclusive and sustainable digital
societies.

 

We provide mobile and fixed services to over 300 million customers in 17
countries, partner with mobile networks in 46 more and are also a world leader
in the Internet of Things (IoT), connecting over 167 million devices and
platforms. With Vodacom Financial Services and M-Pesa, the largest financial
technology platform in Africa, we serve more than 71 million people across
seven countries.

 

We are committed to reducing our environmental impact to reach net zero
emissions by 2040, while helping our customers reduce their own carbon
emissions by 350 million tonnes by 2030. We are driving action to reduce
device waste and achieve our target to reuse, resell or recycle 100% of our
network waste by 2025.

 

For more information, please visit www.vodafone.com
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www.linkedin.com/company/vodafone
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