MásMóvil ended the year increasing its revenues by 3 per cent to €2.97 billion, albeit losing €240 million overall. EBITDA remained flat versus the previous year reaching €1.18 billion with investments totalling €437 million.

In term of customers, MásMóvil added 650,000 new lines including mobile and fixed broadband. Overall, the company has 15.9 million lines, up 4 per cent on a year-on-year basis out of which 12.5 million are mobile lines and over 3.4 million are fixed broadband lines.

As for the merger with Orange, the CEO of MásMóvil, Meinrad Spenger, said that “once we have got all necessary authorisations (from the EC and Spain) we hope to complete the joint-venture with Orange by the end of the first quarter to set up the operator with the largest number of customers in our country (Spain)”.

Other posts by :

1. MDA under pressure over satellite order
2. SES backs C-band action from FCC
3. Congested orbits mean high risks of debris
4. SpaceX bids fairwell to booster 1076
5. Bank: LBG Media results “in line”
6. WBD: Surprise, surprise… not
7. SpaceX to lose Moon Lander contract?
8. Arianespace 64 delayed – again
9. Oman’s Spaceport ready for fast-track launches

Categories: Articles, Business, Results, Telco

Tags: MásMóvil, Orange