Vodafone - A British Company

Time: Dec, 1982

Place: England, U.K.

Details: Due to concerns of the British government about foreign ownership, the terms were revised, and in December 1982, the Racal-Millicom partnership was awarded the second U.K. mobile phone network license. Final ownership of Racal-Millicom Ltd was 80% Racal, with Millicom holding 15% plus royalties, and the venture firm Hambros Technology Trust holding 5%.

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