Vodafone announces agreement to sell Vodafone Malta

The transaction is pending regulatory approval from the Malta Communications Authority, with completion expected in the first quarter of 2020.

Vodafone Malta has been sold to Monaco Telecom SAM for the sum of €250 million.

In a company announcement, the company said that the transaction still needs the regulatory approval of Malta Communications Authority which is expected to be completed by March 2020.

The announcement added that the brand will remain operating under Vodafone Malta Ltd for a transitional period.