Zegona Communications completes Vodafone Spain acquisition
Vodafone Group has completed the sale of its Spanish business Vodafone Spain to Zegona Communications for €5 billion. Discussions have been ongoing since September last year.
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Tag: Spain
Spanish mobile operators agree spectrum sharing to target govt funding
According to a report from Expansion, Spain’s three largest mobile network operators (MNOs) have agreed to share spectrum in the 700MHz band.
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Spanish govt buys 3% stake in Telefonica, eyes 10%
The Spanish government says it will look to increase its stake in the country’s largest mobile operator, seeking to counter the influence of Saudi Arabia’s STC
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Telefonica Tech inspecting traffic accidents using drones in Madrid
Serveo and Telefónica Tech have carried out an innovative pilot project for the Community of Madrid that allows the inspection of traffic accidents and the state of its roads with drones. This is a pioneering project that shows the potential of drone technology to promote safer, more efficient and sustainable mobility.
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European Commission approves Orange–MásMóvil merger
After an in-depth investigation was opened into the potential transaction in April last year, the European Commission has approved the creation of a 50:50 joint venture (JV) between France’s Orange and Spain’s MásMóvil.
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Telefonica agrees 3,421 job cuts with Spanish trade unions
Today, Telefonica has announced that it has reached an agreement with Spanish trade unions that will see 3,421 of its local employees made redundant. This represents around one third of its 16,000-strong Spanish workforce.
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Could Digi increase the chances of the Orange Másmóvil merger?
Romania based Digi Communications has confirmed on Tuesday that the company has concluded a spectrum transfer agreement with Spain’s Orange and Másmóvil, to acquire their spectrum assets.
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Zegona preparing to take majority stake in Vodafone Spain
News
Late last month, European telecoms investment firm Zegona Communications confirmed that it had entered negotiations with Vodafone to acquire a full or partial stake in Vodafone Spain. At the time, negotiations were notably in the early stages, with Zegona also in discussions with a consortium of banks to secure funding for the potential purchase.
Now, according to anonymous sources speaking to Bloomberg, negotiations are close to reaching a positive conclusion, with Zegona set to buy a stake of at least 50% in Vodafone Espana.
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Orange and Masmovil inch towards merger as Digi selected to buy divested assets
News The €18.6 billion merger has a lukewarm reception from EU regulators, who fear the move will...
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Spain to release €544m for rural 5G – but could leave Huawei empty handed
News Spain’s Ministry for Economic Affairs and Digital Transformation (MINECO) said that suppliers...
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Zegona in talks to buy Vodafone Spain
News This morning, Zegona disclosed the discussion with Vodafone to the London Stock Exchange ...
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Spanish competition regulator fines Telefónica €5m
News The fine is the latest in a string of sanctions Telefónica has received in relation to the...
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Vodafone to begin deploying AWS edge technology in Spain
News The company will reportedly begin deploying Amazon Web Services (AWS)’s multi-access edge...
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Telefónica proposes fibre partnership with Vodafone
News The deal could help offset Vodafone’s struggling performance in the highly competitive...
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Orange-MásMóvil merger may reduce competition in Spain, says European Commission
News The European Commission has responded to Orange and MásMóvil’s proposed 19,6 billion euro...
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Exploring growth in the global subsea cable market with Telxius
Interview Ahead of next week’s Submarine Networks EMEA event, Total Telecom caught up with...
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Suitors lining up to buy Vodafone Spain
News According to reports, the deal could be worth over $4 billion Vodafone has long lamented the...
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Samsung and Vodafone prepare 5G Open RAN for Germany and Spain
Press Release Samsung Electronics and Vodafone have announced their plans to accelerate 5G Open...
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5G+: Orange launches 5G standalone in Spain
News Orange is the first operator in Spain to launch 5G standalone (SA) in Spain, a move it hopes...
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Vodafone’s struggle continues as revenue dips in key markets
News The operator’s latest results show service revenue down in Germany, Italy, and Spain, with...
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