Orange is analysing the market in Spain ahead of making a possible move for Masmovil, the country’s fourth largest telco.
Three private equity funds have offered a total of €2.96 billion to buy the Spanish telco Masmovil Ibercom.
The US investment fund Blackrock has bought an additional 900,000 shares in MásMóvil, Spain’s fourth largest telco.
Vodafone has denied a report that it plans to sell its business in Spain to MasMovil.
Telia has agreed to sell its 76.6% stake in the Spanish operator Yoigo to Masmovil, one of the leading mobile operators in Spain, for an enterprise value of €625 million.
Jazztel has sold 13 centres of its FTTH network, providing access to around 720,000 homes in Spain’s largest cities, to Másmóvil.