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Vodafone renews Qatar management deal
- Qatar: Saturday, November 17 - 2012 at 00:43
Vodafone has renewed the agreement to manage Vodafone Qatar for a further 6 years until March 31, 2018, the Peninsula has reported. According to the renewed agreement, the fee payable to Vodafone PLC has reduced to a maximum of 3.5% of total annual revenue from 5% to reflect the increase scale of the business and the transition to a fixed mobile operation. The fee is now more closely linked to the financial performance of the business.
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