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Wednesday, July 2, 2014

Vodafone sells its stake in Vodafone Fiji

Vodafone says it’s sold its 49% shareholding in Vodafone Fiji to the Fiji National Provident Fund for FJ$160 million (£51 million).

However, although FNPF now controls the Fijian network, it’ll maintain a partner agreement with the Vodafone Group. In addition, current VFL board directors will continue to serve on the board - although the company’s managing director retired on Monday after 20 years and was replaced by Pradeep Lal, the previous COO.

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Author: The Fonecast
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Categories: Networks and operators, NewsNumber of views: 820

Tags: vodafonefiji

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