Vodafone Group plc has announced that it has entered into an agreement to sell 100% of Vodafone Malta to Monaco Telecom SAM.
Monaco Telecom has agreed to acquire Vodafone Malta for a cash consideration of €250 million.
Following completion, Vodafone Malta wil continue to operate under the Vodafone brand for a transitional period.
The transaction is conditional on regulatory approval by the Malta Communications Authority.
Via MaltaToday