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MasMovil reopens talks with Vodafone over Spanish sale

Spanish telco MasMovil has reopened talks with Vodafone over a merger of their local business units.

According to local paper Expansion, the operators would seek to tie up a deal before Spain’s upcoming 700 MHz spectrum sale, and comes after reports of initial talks surfaced in September 2020.

In the event of a merger, Xataka reports that MasMovil has valued Vodafone’s Spanish business at €7.5 billion.

A merger so close to the auction would raise eyebrows over the auction, with regulators potentially objecting to the new company having a better position. 

MasMovil has been heavily expanding its business in recent years via acquisitions. It has bought smaller players including Lycamobile, Lebara, Llamaya.