Doha, Qatar, 6 September 2023: Vodafone Qatar P.Q.S.C. (“Vodafone Qatar” or “the Company”) announces that its wholly owned subsidiary, “Infinity Solutions LLC”, has successfully executed a Share Purchase Agreement (SPA) with “Allied Advertising Group WLL”, Whereby “Infinity Solutions LLC” has effectively purchased all outstanding shares of “Allied Advertising Group WLL” for QR 5 million.
“Allied Advertising Group WLL” is a company that operates under the laws of the State of Qatar and owns and manages the My Book digital platform.
This transaction offers many opportunities to Vodafone Qatar and this is in line with the Company’s commitment to enhancing shareholder value and strengthening its market position.