VOD Vodafone Group Plc

LONDON--Telecoms giant Vodafone Group PLC (VOD.LN) said Monday Vodafone Portugal and Portugal Telecom have signed an agreement to deploy and share fiber networks reaching 900,000 homes in Portugal.

The agreement, which starts in December and runs for 25 years, will enable each company to offer high-speed data services to an additional 450,000 homes and businesses throughout Portugal.

Both Vodafone Portugal and Portugal Telecom will maintain complete autonomy and flexibility in designing their respective retail offers under the agreement, Vodafone said.

-Write to Ian Walker at ian.walker@wsj.com

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