Vodafone bids to secure full ownership of Hellas Online

Vodafone Greece has offered to acquire the stake in fixed telephony and broadband player Hellas Online that it was not able to secure in a deal closed at the end of November, in an effort to secure 100 per cent …

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Vodafone Greece targets multiplay with Hellas Online acquisition

Vodafone Greece has moved closer to becoming a multiplay service provider by acquiring 72.7% of Hellas Online (HOL), the country’s second largest broadband and fixed-line services provider. The mobile operator acquired Hellas Online for a total cash sum of €72.7m (£57.56m).

Vodafone Greece takes majority stake in Hellas

Vodafone has agreed to acquire a majority holding in Greek fixed line operation Hellas Online. The company will purchase 72.7 per cent of the share capital from Intracom Group and World Equities Investments for €72.7m. Vodafone Greece already holds 18.5 per cent of Hellas Online, with the most recent transaction taking its ownership to 91.2 per cent.