Vodafone Group Plc EXTENSION OF PARTNER MARKET AGREEMENT WITH AFRIMAX
September 23 2016 - 2:00AM
RNS Non-Regulatory
TIDMVOD
Vodafone Group Plc
23 September 2016
23 September 2016
VODAFONE EXTENDS PARTNER MARKET AGREEMENT WITH AFRIMAX TO
CAMEROON
Vodafone and Afrimax Group ("Afrimax") - a 4G-LTE
telecommunications operator in sub-Saharan Africa - today jointly
announced a new non-equity Partner Market agreement for
Cameroon.
The two companies will launch LTE data services under the
'Vodafone Cameroon' brand initially in Cameroon's two biggest
cities, Douala and Yaoundé.
The roll out of Vodafone Cameroon for consumers and businesses
will include the opening of Vodafone branded retail stores and
kiosks in key locations, supported by a network of distributors and
resellers offering an attractive range of LTE handsets and
devices.
Vodafone Cameroon will offer small and medium enterprises a
range of connectivity products including LTE and Wi-Fi mobile data
services, fixed Internet and a suite of office solutions available
at retail and through direct sales channels.
Vodafone Partner Markets Chief Executive Diego Massidda said:
"The next stage in our agreement with Afrimax for sub-Saharan
Africa brings Cameroon to the Vodafone Partner Market family. I am
delighted that consumers and businesses in Cameroon will now
experience Vodafone's high-speed data services."
Antoine Pamboro has been appointed by Afrimax as Chief Executive
Officer of Vodafone Cameroon, which will be headquartered in
Douala. Afrimax Group Management Peter Langkilde, CEO and Rob
Philpott, CFO commented: "Launching Vodafone Cameroon is an
exciting development for Afrimax and another big step towards our
ambition of building the leading LTE-focused operator in
sub-Saharan Africa."
The launch in Cameroon builds further on the framework agreement
between Vodafone and Afrimax, announced in November 2014, to
co-operate and explore potential Partner Market opportunities in a
variety of territories in sub-Saharan Africa. As part of the
agreement, Vodafone and Afrimax have already partnered to launch
LTE services in Uganda and Zambia.
- ends -
For further information:
Vodafone Group
Media Relations Investor Relations
www.vodafone.com/media/contact Telephone: +44 (0) 7919
990 230
About Vodafone Group
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 26 countries, partners with mobile networks in 51
more, and fixed broadband operations in 17 markets. As of 30 June
2016, Vodafone had 465 million mobile customers and 13.7 million
fixed broadband customers. For more information, please visit:
www.vodafone.com.
About Vodafone Partner Markets
Vodafone's Partner Markets team works to form strategic
alliances with operators all over the world, partnering to offer a
range of global products and services that extend Vodafone's reach
into local markets. Vodafone Partner Market agreements vary from
roaming and service resale to full partner branding. Established in
2002, Vodafone Partner Markets now partners with 34 companies in 51
countries.
About Afrimax Group
Afrimax is led by an experienced Management team with a
successful track record in acquiring spectrum, building networks,
and operating mobile services in diverse geographic markets,
including Africa, and is backed by prominent private and
institutional investors.
With an existing 4G Licence footprint covering 12 countries,
population under Licence coverage of 250 million, and further
Licences being acquired, Afrimax is building the largest portfolio
of 4G wireless broadband networks across sub-Saharan Africa. For
more information, please visit www.afrimaxvodafonepartner.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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