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Tag: yoigo
TeliaSonera considering EUR 500 mln sale of Yoigo - report
2015-10-20 09:25:00| Telecompaper Headlines
(Telecompaper) TeliaSonera is again considering the possibility of selling its 77 percent stake in Spanish mobile unit Yoigo after rival telecoms provider Masmovil Ibercom expressed an interest in acquiring Spain's number four operator, according to unnamed sources cited by Bloomberg. After nine years of activity in Spain, Yoigo still boasts over 3.4 million customers but its relatively low market share remains a concern to the Swedish parent company, which could raise around EUR 500 million from a sale of its stake, said the sources. Private-equity firms are also interested in the unit and may team up with Masmovil to push through the sale, added the sources. MasMovil has a long-held ambition to take over from Yoigo as Spain's fourth national integrated operator and recently acquired broadband assets from Jazztel that enable it to offer fibre services to around 720,000 households in Spain.
Yoigo sale back on the cards
2015-10-20 02:00:00| Total Telecom industry news
TeliaSonera reportedly receives interest from MasMovil, private equity firms for Spanish unit.
TeliaSonera Said to Revive Sale of Spanish Mobile Unit Yoigo
2015-10-19 19:41:16| Appliances - Topix.net
Teliasonera AB is reviving plans to sell its Spanish mobile-phone unit Yoigo SA after receiving interest from local telecommunications provider A sale of Yoigo could fetch about 500 million euros , the people said, asking not to be identified because the discussions are private. One or more buyout firms may bid alone, or by teaming up with Masmovil, the people said.
Tags: sale
mobile
unit
spanish
Spanish regulator fines Telefonica, Yoigo
2015-07-22 02:00:00| Total Telecom industry news
Telcos slapped with 6.3 million in fines after various roaming deals ruled anti-competitive.
Tags: spanish
fines
regulator
telefonica
CNMC fines Telefonica, Yoigo for network sharing deal
2015-07-21 08:29:00| Telecompaper Headlines
(Telecompaper) Spanish communications and competition regulator CNMC has imposed fines on Telefonica and Yoigo for the anti-competitive nature of the network-sharing agreement signed in August 2013, reports Europa Press. Telefonica has been fined a total of EUR 6 million and Yoigo EUR 300,000 for the deal, taking into account the respective revenues of the companies (EUR 12 billion in Telefonica Espana's case against Yoigo's EUR 812 million). The regulator, which has yet to officially communicate the specific grounds for its decision, initiated its investigation into the deal back in November 2013 but rejected calls from rival companies Vodafone and Orange to suspend the agreement. In its original complaint, Vodafone denounced the "virtual identity" of the respective Fusion offers of Telefonica and Yoigo, alleging that there was an "unusual degree of collaboration" between the two operators.
Tags: network
deal
sharing
fines