Másmovil


MásMóvil in bid to take over Euskaltel

Spanish number four operator MásMóvil has launched a tender offer to acquire 100% control of Euskaltel in a friendly bid that has secured the acceptance of the northern regional cable operator’s main shareholders. Euskaltel’s leading shareholder, UK-based investment outfit Zegona Communications, along with the group’s other main shareholders Kutxaband and Alba, which together own 52% […]

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 […]

MasMovil looking again at Vodafone merger

Spanish alternative telco MasMovil is looking at options to expand that include a merger with Vodafone, according to local reports. According to El Confidencial citing unnamed sources, the number four Spanish operator has turned to Goldman Sachs to analyse options for acquisitions, with Vodafone firmly in its sites. The report says that conversations between the […]

MásMóvil denies contact with Vodafone over possible Spanish merger

Spanish alternative telecom operator MásMóvil has said it has had no contact with Vodafone following press reports that Vodafone was looking potentially to acquire it. El Economista reported yesterday that the pair had been in contact in recent days over a possible combination, citing unnamed sources. An acquisition of MásMóvil, the country’s number four operator, […]

KKR and Cinven bid for MásMóvil could pave way for Spanish shake-up

Private equity groups KKR and Cinven have teamed up to make a friendly takeover bid for Spain’s fourth-ranked telecom operator MásMóvil for up to €2.963 billion, which could pave the way for a long-awaited shake up of the Spanish telecom market.   The funds are offering €22.50 a share for the operator, which has been […]

MasMovil denies it is planning to acquire Vodafone Espana

Spanish alternative telco MasMovil has swiftly moved to deny press speculation that it is involved in a potential move to acquire cable and mobile operator Vodafone Espana. The telco moved swiftly to inform markets regulator the CMNV that it was “not involved in any process of acquisition, merger or any other type of corporate transaction […]

FTTH passes nine million mark in Spain

The number of FTTH lines in Spain passed the nine million mark in May, according to figures released by regulator the CNMC. According to the watchdog, 148,000 new lines were added in May, contributing to year-on-year growth of 1.8 million. Over the same period, DSL lines declined by 1.3 million. Telefónica/Movistar has a 44.4% share […]

Euskaltel teams up with MásMóvil for mobile equipment procurement

Spanish regional cable operator Euskaltel has teamed up with alternative telco MásMóvil and mobile phone retailer Phone House to create a JV to procure equipment including terminals, routers and accessories. The new outfit, Mediabuying Technologies Group, has the goal of centralising purchase of mobile terminals, routers and other accessories in order to realise scale economies. […]

Orange rules out any interest in Euskaltel

Orange has ruled out acquiring regional Spanish cable operator Euskaltel in whole or in part, leading to an immediate fall in the share price of the latter. Orange told Bloomberg that it had ruled out any type of transaction with Euskaltel, ending speculation that the company was looking to consolidate the regional player to extend […]

MásMóvil chief rules out Euskaltel acquisition

Spanish alternative telco MásMóvil’s CEO Meinrad Spenger has definitively ruled out acquiring regional cable operator Euskaltel, following speculation that the pair could combine. During a presentation on the creation of anew startup accelerator by the company, MASventures, Spenger said that he did not believe the acquisition of Euskaltel would create value for shareholders, according to […]