At what enterprise value was VODAFONE MALTA acquired in 2020?

During the acquisition of VODAFONE MALTA by MONACO TELECOM in 2020, the transaction's Enterprise Value is estimated to be in the range of 300M - 700M EUR.

What was the EV/EBITDA of VODAFONE MALTA when it was acquired by MONACO TELECOM?

The estimated EV/EBITDA multiple for VODAFONE MALTA is in the range of 5x - 12x.

When was VODAFONE MALTA acquired by MONACO TELECOM?

VODAFONE MALTA was acquired by MONACO TELECOM in 2020.

What was the revenue of VODAFONE MALTA at the time of the deal?

The revenue of VODAFONE MALTA at the time of the deal is estimated to be in the range of 50M - 100M EUR.

What was the EBITDA of VODAFONE MALTA during the acquisition?

VODAFONE MALTA's EBITDA is estimated to be in the range of 25M - 50M EUR.

How is the data for the VODAFONE MALTA acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the VODAFONE MALTA deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.vodafone.com/news/newsroom/technology/vodafone-completes-sale-of-vodafone-malta

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Home Database TMT (Tech, Media, Telecom)VODAFONE MALTA

04/2020

VODAFONE MALTA acquired by MONACO TELECOM

MALTA Telecom / Operators EV 300M - 700M EUR

Context

Vodafone Group Plc has completed the sale of its entire 100% stake in Vodafone Malta to Monaco Telecom SAM. The strategic rationale for the divestment is part of Vodafone's broader group strategy to simplify its portfolio and optimize its asset base to focus on larger regional markets and reduce debt. For Monaco Telecom, the acquisition represents a significant expansion of its Mediterranean footprint, adding a market leader with a strong spectrum portfolio and a high-quality customer base. The deal allows Monaco Telecom to apply its operational model to a new jurisdiction while initially operating under the Vodafone brand during a transitional period. This transaction underscores the ongoing consolidation in the European telecom sector, where smaller, agile operators like Monaco Telecom seek to acquire mature assets from larger global groups looking to reallocate capital.

VODAFONE MALTA, which reported an EBITDA margin of in 2019, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

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Target

Vodafone Malta is the leading mobile telecommunications provider in the Maltese market. The company’s business model is centered on providing high-speed mobile connectivity, data services, and fixed-line solutions to both retail and corporate customers across the island. Its value proposition is built on maintaining the most advanced 4G/LTE network infrastructure in Malta and offering a diverse range of mobile financial and digital transformation services. Strategically, the firm has focused on convergence and the Internet of Things (IoT) to drive customer loyalty in a highly competitive European market. Following the acquisition, the company continues to leverage its extensive local network footprint and spectrum holdings to serve a significant portion of the Maltese population, eventually rebranding as "Epic" to align with its new ownership structure.

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Similar deals in Telecom

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Date	Acquirer	Target	Country	Sector
11/2020	ORANGE	TELEKOM ROMANIA COMMUNICATIONS	ROMANIA	Operators
09/2020	ILIAD GROUP	PLAY	POLAND	Operators
09/2019	AMUNDI PRIVATE EQUITY / BPIFRANCE / SOCADIF	WIFIRST	FRANCE	Operators
08/2019	CELLNEX	ILIAD 7	FRANCE	Infrastructures
03/2019	BASALT INFRASTRUCTURE PARTNERS	MANX TELECOM	UNITED KINGDOM	Operators
03/2019	APAX PARTNERS / WARBURG PINCUS	INMARSAT	UNITED KINGDOM	Operators
03/2019	INFRAVIA CAPITAL	CELESTE	FRANCE	Telecom
09/2018	LATOUR CAPITAL / BPIFRANCE / BNP PARIBAS DEVELOPPEMENT	SOGETREL	FRANCE	Infrastructures
01/2018	LINK MOBILITY	SMS ITALIA	ITALY	Operators
12/2017	ODIDO	TELE2 NL	NETHERLANDS	Operators

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of VODAFONE MALTA by MONACO TELECOM are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: monaco telecom