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Vodafone Greece & PPC Group proposed fibre JV
Vodafone Greece and PPC Group have entered into heads of terms for a proposed 50:50 joint venture to combine their fibre to the home networks and wholesale fibre businesses in Greece, which currently cover over 1.6 million homes. This potential joint venture aims to offer wholesale open access to internet service providers across Greece. The formation of this venture is contingent upon the completion of due diligence, agreement on binding transaction documentation, and customary conditions including regulatory approvals, with no certainty of final agreement at this stage. Disclaimer*
About this update from Vodafone Group Public Limited Company
10 JUNE 2026 Vodafone Greece & PPC Group proposed fibre JV Vodafone Panafon Hellenic Telecommunications Company S.A. ("Vodafone Greece") and Public Power Corporation S.A. ("PPC Group") have today entered into heads of terms in relation to the formation of a potential 50:50 joint venture comprising their respective fibre to the home ("FTTH") networks and wholesale fibre businesses in Greece (the "JV"). Vodafone Greece and PPC Group's fibre businesses currently cover more than 1.6 million homes on a combined basis. The JV would intend to provide wholesale open access to internet service providers in Greece. Formation of the JV is subject to completion of due diligence, agreement on binding transaction documentation and will be subject to customary conditions including regulatory approvals. There is no certainty at this stage that a transaction will be agreed. Vodafone expects to provide a further update in due course. - ends - For more information, please contact: Investor Relations: vodafone.com [email protected] Media Relations: Vodafone.com/media/contact [email protected] Registered Office: Vodafone House, The Connection, Newbury, Berkshire RG14 2FN, England. Registered in England No. 1833679 About Vodafone Vodafone is a leading European and African telecoms company. We serve around 370 million mobile and broadband customers, operating networks in 15 countries with investments in a further four and partners in over 40 more. We have capacity on more than 70 subsea cable systems - the backbone of the internet - and we are developing a new direct-to-mobile satellite communications service to connect areas without coverage. Vodafone runs one of the world's largest IoT platforms, with over 240 million IoT connections globally, and we provide financial services to around 103 million customers across seven African countries - managing more transactions than any other provider. From the seabed to the stars, Vodafone's purpose is to keep everyone connected. For more information, please visit www.vodafone.com follow us on X at @VodafoneGroup or connect with us on LinkedIn at www.linkedin.com/company/vodafone. About PPC Group PPC is the leading integrated utility group in Southeastern Europe, with activities spanning electricity generation, distribution and the sale of advanced energy products and services. The Group operates primarily in Greece, Romania ...
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