Orange Spain offloads Jazztel assets to mobile operator

jazztelOrange España has signed an agreement to offload some of newly acquired Jazztel’s ADSL and fibre assets to mobile operator Másmóvil in line with commitments it made to secure EC approval for the acquisition.

Másmóvil will acquire 13 fibre networks in cities including Madrid, Barcelona, Valencia, Seville and Malaga, covering 720,000 homes.

Orange will also give wholesale access to Másmóvil to Jazztel’s national ADSL network for a period of up to eight years, renewable after four years.

The deal will give Másmóvil access to 78% of the Spanish territory under wholesale terms that will enable it to compete with the same profitability achieved by Orange and Jazztel currently.

Másmóvil already operates as an MVNO in cooperation with Orange, including for LTE services.

The agreement, if approved by the EC, will make Másmóvil the fourth national operator in its own estimation, offering fixed and mobile broadband and telecoms, after Telefónica, Vodafone and Orange.

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