Vodafone1 announces that it has sold its entire 49% shareholding in Vodafone Fiji Limited to the Fiji National Provident Fund for a cash consideration of FJ$160m (£51m)2. Vodafone expects to continue to have a presence in Fiji through a Partner Market agreement.
1 The seller is Vodafone International Holdings BV, a wholly-owned subsidiary of the Vodafone Group
2 Fijian dollar to GBP exchange rate of 3.13
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Vodafone is one of the world’s largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone has mobile operations in 27 countries, partners with mobile networks in 49 more, and fixed broadband operations in 17 markets. As of 31 March 2014, Vodafone had 434 million mobile customers and 9 million fixed broadband customers. For more information, please visit: www.vodafone.com