Bloomberg News

Vodafone Will Continue Investing in Greece, Kathimerini Reports

March 02, 2012

Vodafone Group Plc (VOD) will continue to invest in the Greek telecommunications market, Kathimerini reported, citing Chief Executive Officer Vittorio Colao.

Colao pointed to recent spectrum-license purchases and renewals by the company totaling 168.5 million euros ($224 million), and said Vodafone has invested more than half a billion euros in Greece in the past three years, the Athens- based newspaper reported.

Vodafone plans to introduce a smartphone application that will promote Greece as a tourist destination, Kathimerini said.

To contact the reporter on this story: Eleni Chrepa in Athens at

To contact the editor responsible for this story: Jerrold Colten at

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