Orange’s disappointing performance in Spain in the first quarter could complicate the proposed merger of its Spanish subsidiary with MásMóvil.
Orange and MásMóvil have entered into exclusive negotiations to combine their operations in Spain.
Orange and MásMóvil are exploring the possibility of a 50/50 merger of their operations in Spain.
The Spanish regulator CNMC has given the go-ahead to the first stage of MásMóvil’s acquisition of a 100% stake in Euskaltel.
Yoigo (MasMovil) customers in Spain can now access a new premium TV service.
Zegona has entered into a deal contingent forward purchase agreement with Barclays Bank to hedge the full amount it expects to receive following the sale of 100% of the Spanish cable operator Euskaltel to a wholly owned subsidiary of MasMovil Ibercom.
Spain’s MasMovil has made a cash offer of €11.17 per share to acquire 100% of the cable operator Euskaltel.
Vodafone and the Spanish telco MásMóvil are exploring the possibility of a merger that will not involve a sale or acquisition.
Vodafone is reported to have taken the first steps to acquiring the Spanish telco MásMóvil.
The three funds hoping to buy the Spanish telco MásMóvil have stated their commitment to maintaining employment and the company’s strategic plan.