Business
NATIONAL ROAMING AGREEMENT WITH 1&1 IN GERMANY
NATIONAL ROAMING AGREEMENT WITH 1&1 IN GERMANY.
About this update from Vodafone Group Public Limited Company
[{"type":"text","content":"\n\n2 August 2023\n \nNATIONAL ROAMING AGREEMENT WITH 1&1 IN GERMANY\n \nVodafone 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.\n \nKey terms of the agreement\n· Exclusive national roaming partnership, supporting current and future mobile technologies\n· Long-term commercial agreement of up to 18 years, with gradual implementation during FY25\n· 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\n \nThe agreement is expected to be accretive to Group cashflow from FY26.\n \n- ends -\nFor more information, please contact:\nInvestor Relations Media Relations\ninvestors.vodafone.com vodafone.com/news/contact-us\[email protected] [email protected]\nRegistered Office: Vodafone House, The Connection, Newbury, Berkshire RG14 2FN, England. Registered in England No. 1833679\n \nAbout Vodafone \nVodafone 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.\n \nWe 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 Vo...