Vodafone forms agreement with Polkometal
Telecomms giant Vodafone has formed a new partner market agreement with former subsidiary Polkometal in Poland.
Telecomms giant Vodafone has formed a new partner market agreement with former subsidiary Polkometal in Poland.
The non-equity partnership agreement will add Poland to Vodafone's customers' existing contracts for international managed services, while continuing to be serviced via a single point of contact, while Polkometal will gain access to Vodafone's joint products and services for business and consumer customers.
Chief Executive Officer of Vodafone Partner Markets, Ravinder Takkar, said: "Our agreement with Polkomtel provides an opportunity for Vodafone to strengthen further its presence in Eastern Europe.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"We are delighted to renew our relationship with Polkomtel through our successful Partner Market community, which includes more than 50 markets worldwide."
Polkomtel has a customer base of approximately 14m and provides services in Poland under the Plus brand. Vodafone's operations in the region include the Czech Republic, Germany, Hungary and Romania.
Vodafone, whose partner market agreements in the region include Austria, Estonia, Latvia, Lithuania, Russia and Ukraine, disposed of a minority stake of 24.4% in Polkomtel in 2011 as part of its strategy to realise value from its non-controlled assets.
The share price fell 1.05% to 183.85p by 09:21.
NR
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
What is a trust – and should you use it to avoid inheritance tax?
Trusts are surging in popularity as a way to avoid inheritance tax, according to financial advisers on the frontline of estate planning. We look at what trusts are and if they are right for you.
-
What will be the consequences of Donald Trump’s "One Big Beautiful Bill"?
The US president’s "One Big Beautiful Bill", an extraordinary mix of tax cuts and spending plans, has made it through both houses of the US Congress. What will be the consequences?