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Vodafone Group Plc

18 October 2016

18 October 2016

VODAFONE AND HIWEB ANNOUNCE PARTNER MARKET AGREEMENT FOR IRAN

Vodafone and HiWEB, a leading Iranian ISP, today jointly announced a new non-equity Partner Market agreement for Iran.

Vodafone will assist HiWEB in rolling out and modernising network and IT infrastructure, expanding the fixed and mobile internet services - under the HiWEB brand - that HiWEB can offer to its Iranian consumer and corporate customers.

In addition, HiWEB will be able to provide Vodafone's multinational corporate customers with fixed and mobile services in Iran. Vodafone will also support HiWEB in marketing, distribution and sales, including the provision of Internet of Things (IoT) services to HiWEB's customers.

Vodafone Partner Markets Chief Executive Diego Massidda said: "I am delighted to reach agreement with HiWEB on a partnership that will benefit both parties in Iran. Vodafone's corporate customers will get the benefit of quality network services in the country - including in rural areas - and HiWEB will be able to access Vodafone's global expertise to support the roll out of products, infrastructure and the launch of IoT services in Iran."

HiWEB Chief Executive and Chairman Seyed Iman Miri said: "Iran's telecom market has great potential for new investment and expansion of fixed and mobile broadband services. The partnership with Vodafone allows us to utilise Vodafone's vast experience and knowledge in this field. This helps HiWEB in realising its ambitious plan to be a leading operator in Iran's telecom market and offers our customers a whole suite of innovative and new services such as high quality wireless broadband, IoT and a wide range of enterprise services."

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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 52 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 35 companies in 52 countries.

About HiWEB

HiWEB is an agile, fast growing telecom players and one of the leading ISPs in Iran' market offering fixed services around the country. Since 2015 HiWEB has started its LTE network rollout in rural and remote areas as one of the biggest projects in the Middle East covering 25,000 villages in Iran. HiWEB is also extending its mobile and fixed services in cities with the focus on the enterprise and businesses segments. For more information please visit: www.hiweb.ir/en.

For further information:

 
 HiWEB Group 
 
 Media Relations            Investor Relations 
 www.hiweb.ir/en/contacts   Telephone: +98 (0) 2129407000

This information is provided by RNS

The company news service from the London Stock Exchange

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October 18, 2016 02:01 ET (06:01 GMT)

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