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Tag: yoigo
Masmovil completes Yoigo takeover
2016-10-10 02:00:00| Total Telecom industry news
Telia nets 479 million from sale of its Spanish unit.
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takeover
yoigo
completes takeover
Yoigo, Pepephone to launch convergent offers by Xmas
2016-07-22 13:39:00| Telecompaper Headlines
(Telecompaper) Yoigo and Pepephone will launch convergent offers via fibre or ADSL before Christmas 2016, according to the chief executive of their new parent company, MasMovil. The company also plans to preserve all three brands and separate sales channels at present, Spenger told EL Pais in an interview. After the summer season MasMovil will begin including TV and football content in its packages as long as such services can be made profitable, Spenger said, adding that he believes there is a 'bubble' in the prices of video content.
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xmas
convergent
Telia to sell Yoigo stake to MasMovil for EUR 479 mln
2016-06-21 09:56:00| Telecompaper Headlines
(Telecompaper) Swedish telecommunications group Telia has agreed to sell its 76.6 percent stake in Spanish mobile operator Yoigo to MasMovil for EUR 479 million. In a statement, Telia said the transaction price is based on an enterprise value of EUR 625 million for 100 percent of Yoigo. "The divestment of Yoigo is an important milestone in our ambition to increase focus on our operations in the Nordics and Baltics," said Telia CEO Johan Dennelind, adding that "I am happy that we have an agreement with MasMovil, which will be able to leverage a small but great and agile team into a combined unit, creating an even stronger challenger in the Spanish market." The deal is expected to close in the third quarter of 2016 subject to approval from Spanish competition authorities.
MasMovil close to finalising preliminary deal for Yoigo
2016-06-21 08:29:00| Telecompaper Headlines
(Telecompaper) Spanish operator MasMovil is set to finalise a preliminary deal with equity group Providence that would enable it to acquire the stakes in Yoigo held by leading shareholders Telia and ACS, reports Expansion. The deal could see Providence becoming one of the shareholders of Masmovil by funding part of the operator's proposed capital hike or buying convertible bonds issued by the group, said the report, adding that the equity group was one of Ono's shareholders before the cable provider was sold to Vodafone in 2014. MasMovil's shareholders are due to vote on the company's proposed EUR 250 million capital hike at a 23 June meeting.
Tags: close
deal
preliminary
yoigo
Masmovil wins race to acquire Yoigo
2016-06-21 02:00:00| Total Telecom industry news
Zegona loses out as Spain's self-declared fourth national operator bulks up mobile business.