Vodafone and Polkomtel Announce Partner Market Agreement in Poland
Vodafone Group Plc (“Vodafone”) and Polkomtel Sp. z o.o. (“Polkomtel”) today jointly announced the formation of a new Partner Market agreement in Poland.
Under the non-equity partnership agreement, Vodafone’s multinational customers will benefit from the addition of Poland to their existing contracts for international managed services, while continuing to be serviced via a single point of contact. Polkomtel will benefit from access to Vodafone best practice and to joint products and services for business and consumer customers.
Polkomtel has a customer base of approximately 14 million and provides services in Poland under the Plus brand. Vodafone’s operations in the region include the Czech Republic, Germany, Hungary and Romania. Vodafone’s Partner Market agreements in the region include Austria, Estonia, Latvia, Lithuania, Russia and Ukraine. Vodafone disposed of a minority stake of 24.4% in Polkomtel in 2011 as part of its strategy to realise value from its non-controlled assets.
Ravinder Takkar, CEO, Vodafone Partner Markets, commented: “Our agreement with Polkomtel provides an opportunity for Vodafone to strengthen further its presence in Eastern Europe. We are delighted to renew our relationship with Polkomtel through our successful Partner Market community, which includes more than 50 markets worldwide.”
Zygmunt Solorz-Żak, President of the Management Board of Polkomtel Sp. z o.o, said: “This agreement is good news for our customers and it is another important step for Polkomtel to offer more than our competitors. I am confident that the cooperation will result in numerous interesting business projects which will offer benefits to both our existing and new customers.”
Notes to editors:
Media release announcing the disposal of Vodafone’s stake in Polkomtel in 2011:
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Vodafone is one of the world's largest mobile communications companies by revenue with approximately 403 million customers in its controlled and jointly controlled markets as of 31 December 2012. Vodafone currently has equity interests in over 30 countries across five continents and more than 50 partner networks worldwide. For more information, please visit www.vodafone.com
Polkomtel Sp. z o.o. is one of the largest mobile telecommunications network operators in Poland, providing its services under Plus brand. Polkomtel currently serves nearly 14 million subscribers, focusing mainly on contract segment where it holds the leading position with a market share of approximately 30%. Since the beginning of its operations Polkomtel has been the pioneer in implementing latest technological and data communication solutions in the Polish market. Based on cooperation with Midas Group, Polkomtel is the only Polish mobile network operator providing ultrafast internet access based on LTE technology. For more information, please visit www.polkomtel.com.pl