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Tag: vodafones
EC approves Vodafone's EUR 7.2 bln takeover of Ono
2014-07-03 09:00:00| Telecompaper Headlines
(Telecompaper) The European Commission has approved Vodafone's EUR 7.2 billion takeover of Spanish cable provider Ono without conditions. The deal, which Vodafone said will now be closed "within two to three weeks", represents the UK operator's third acquisition of a European fixed-broadband asset in two years and gives it immediate access to Ono's extensive fibre network covering 7.2 million Spanish homes. It also serves to increase Vodafone's 25 percent share of the Spanish mobile market by almost two percentage points. In approving the takeover, the Commission concluded that the transaction "would not significantly impede effective competition in Spain." Although the two companies provide fixed and mobile services in Spain, the EC said their activities were largely complementary given that Ono specialises in fixed telecoms, while Vodafone is mainly active in mobile telecoms. "However, the Commission found that the impact of the transaction on these markets is likely to be limited as the combined entity would continue to face significant competition from other market players, such as the incumbent operator Telefonica, and other operators such as Orange and Jazztel," it said.
EU OKs Vodafone's Ono buy without remedies
2014-07-03 02:00:00| Total Telecom industry news
Vodafone's merger with Spanish cableco does not raise competition concerns, according to European Commission.
Vodafone's interest in Yoigo depends on EU stance
2014-04-23 16:21:28| IT Services - Topix.net
Vodafone could be interested in buying Spain's fourth-largest mobile operator Yoigo once it is clear how tough the European regulator will be on tie-ups in the sector, the firm's chief executive said.
Tags: interest
depends
stance
yoigo
Ipanema optimistic about Vodafone's chances of shaking up enterprise market
2014-03-28 01:00:00| Total Telecom industry news
WAN management specialist says operator has retained assets, talent to take on big guns.
Tags: market
enterprise
chances
optimistic
Vodafone's Ono Buy Refocuses Attention on AT&T
2014-03-17 20:14:03| IT Services - Topix.net
The U.K. mobile giant says it is accelerating its plan to be a "unified communications" player following its a 7.2 billion buy of Spain's cable operator Ono , the first acquisition since Vodafone sold to Verizon Communications its 45% stake in Verizon Wireless, the U.S.'s biggest wireless operator, for a landmark $130 billion.