MásMóvil reportedly teaming up with Huawei to launch TV service

Spanish mobile operator MásMóvil, the country’s fourth-largest telco, is planning to launch a TV service in partnership with Huawei, according to Spanish press. According to financial daily El Español, citing two unnamed sources, the operator plans to launch an ‘open’ TV platform that will make third-party services such as Netflix, HBO and Amazon available via […]

Telecable posts solid results, Zegona looking for investment opportunities

Spanish regional cable operator Telecable has posted solid first quarter results, with revenue boosted by a price increase in January. Telecable’s first quarter revenues rose by 5.7% to €34.9 million, the highest revenue growth for the first quarter in six years. EIBTDA rose by 3.7% to €16.6 million, while cash flow rise by 11.1$% to […]

Zegona out in the cold as Telia sells Yoigo stake to MásMovil

Nordic telco Telia has agreed to sell its majority stake in Spanish mobile operator Yoigo to local mobile player MásMóvil, leaving UK-based cable and telecom investor Zegona Communications out in the cold. Zegona, which owns regional cable operator Telecable, had been in exclusive negotiations with Telia to acquire its 76.6% stake but had been unable […]

Zegona keeps options open as MásMóvil outbids for Yoigo

Zegona Communications, owner of Spanish regional cable operator Telecable, has conceded that MásMóvil, its rival in the acquisition battle for Yoigo, has submitted a higher bid for the TeliaSonera-backed mobile operator. Zegona said that despite reaching a deal with TeliaSonera within the period of its exclusive talks with the Nordic telco, it had failed to […]

Zegona yet to secure deal as Telia opens up to rival bids for Yoigo

Telia’s period of exclusive talks with UK-based cable investor Zegona Communications over the potential sale of Spanish mobile operator Yoigo has ended without a deal being struck, according to local press. Zegona, which owns Spanish Asturias region cable operator Telecable, had entered into exclusive talks with Telia to acquire Telia’s 76.6% stake in Yoigo in […]

Másmovil steps in after Zegona fails to submit Yoigo bid

Zegona Communications, owner of Spanish regional cable operator Telecable, has failed to meet the deadline to table a bid for mobile operator Yoigo, according to local reports, leaving the field free for rival bidder Másmovil to submit an offer. Zegona and Yoigo’s majority owner TeliaSonera had been in exclusive negotiations, with the UK-based cable and […]

Zegona in exclusive talks to take control of Yoigo

Zegona Communications, owner of Spanish regional cable operator Telecable, is in exclusive talks with TeliaSonera to acquire that latter’s majority stake in mobile network operator Yoigo. Zegona and TeliaSonera separately confirmed that they had struck an exclusivity agreement over TeliaSonera’s 76.6% stake in Yoigo. Zegona said it would need to involve other stakeholders and that […]

Zegona eyes Yoigo as Telecable posts solid results

Zegona Communications, owner of Asturias region cable operator Telecable, and MVNO MásMóvil are among the companies to have placed bids for fourth-ranked Spanish mobile operator Yoigo, according to local reports. According to Expansión, the two groups have submitted offers to acquire Yoigo to TeliaSonera, 76.6% owner of the company. According to Expansión, citing unnamed sources, […]

Spain’s Telecable in running to buy mobile operator Yoigo

Telecable, the Spanish regional cable operator owned by UK-based investment outfit Zegona Communications, is making a €380 million bid for Spain’s fourth-ranked mobile player Yoigo, according to local press. According to digital news service Hispanidad, Telecable, which operates in the Asturias region of north-western Spain, is in competition with Warburg Pincus, mobile virtual network operator […]