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Orange nears deal to buy Spanish fixed line operator Jazztel: sources

2014-09-15 22:20:49| Telecom - Topix.net

Jazztel shares rose 12 percent before being suspended by Spain's market regulator earlier on Monday, giving the group a market value of 3.09 billion euros at the close. Consolidation in the telecoms industry has been brewing for months in Spain, driven by tough competition and falling prices amid a deep recession.

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Category:Telecommunications

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