RNS Number:4352G
Vodafone Group Plc
21 January 2003
21 January 2003
ACQUISITION OF SBC's STAKE IN CEGETEL
Vodafone Group Plc ("Vodafone") announces today that its wholly-owned subsidiary
Vodafone Holding GmbH has completed its acquisition of SBC Communications Inc.'s
shareholding in Transtel S.A., representing a 15% economic interest in Cegetel
Groupe S.A., for a cash consideration of US$2.27 billion.
Vodafone has been a long-standing investor in France and is pleased to have
increased its economic interest in SFR to 43.9%.
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For further information contact:
Vodafone Group
Tim Brown, Group Corporate Affairs Director
Melissa Stimpson, Director of Group Investor Relations
Bobby Leach, Head of Group Financial Media Relations
Darren Jones, Senior Investor Relations Manager
Tel: +44 (0) 1635 673 310
Tavistock Communications
Lulu Bridges
John West
Tel: +44 (0) 20 7600 2288
Euro RSCG C&O
Laurent Dondey
Tel: +33 (0) 1 41 34 42 02
Estelle Griffe
Tel: +33 (0) 6 23 75 09 23
UBS Warburg
Warren Finegold
Mark Lewisohn
Tel: +44 (0) 20 7567 8000
Charles-Henri Le Bret
Tel: +33 (0) 1 48 88 34 88
This press release has been issued by Vodafone Group Plc and is the sole
responsibility of Vodafone Group Plc.
UBS Warburg Ltd., a wholly owned subsidiary of UBS AG is acting solely for
Vodafone and no-one else in connection with this offer and will not be
responsible to anyone other than Vodafone for providing the protections afforded
to customers of UBS Warburg nor for providing advice in relation to the offer.
This information is provided by RNS
The company news service from the London Stock Exchange
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