Together, the three CEE companies provide services to 2.4 million unique customers. Principal Group benefits Accelerates Vodafone's convergence strategy in Europe. Pro forma for the Transaction, Vodafone will become the leading next generation network owner in Europe, with 54 million cable/fibre homes 'on-net' and a total NGN reach of 110 million homes and businesses, including strategic partnerships and wholesale arrangements, accelerating its position as Europe's leading fixed line challenger providing converged services to consumers and enterprise. Increases Vodafone's exposure to resilient, converged revenues. Post-Transaction, fixed line/TV services will represent 35% of European pro-forma revenues, up from 29% prior to the Transaction, and Europe will represent 77% of the Group's EBITDA. In-market consolidation with substantial cost and capex savings.