Romanian telco operator Digi has confirmed its deal with Orange and MásMóvil whereby it will gain access to their mobile networks, thus paving the way for the European authorities to give approval to the merger. Digi will pay Orange €120 million for the usage of its network. In exchange, it will be able to manage […]
Agile Content, the technology provider for TV content that operates pay-TV service Agile TV, is breaking into other European countries such as Italy, Germany, Portugal and Sweden, as well as Brazil in Latin America. “We will replicate our Spanish model in Italy”, said Alfredo Redondo, CEO of Agile Content, to Crónica Vasca, adding that “80 […]
Digi has reached a preliminary agreement with Orange-MásMóvil to acquire the so-called remedies, the surplus assets from the merger. This move may pave the way for the EU approval of the merger, still under the EC scrutiny and valued at over €18 billion. If acquired, Digi says it will invest around €2 billion over the […]
UK’s Zegona is reportedly negotiating with MásMóvil over the appointment of José Miguel García as CEO of Vodafone Spain, according to El País. The former CEO of Euskaltel, García signed a non-competition agreement with MásMóvil when it acquired Euskaltel, whereby García cannot take an executive role in a rival operator until the end of 2024. […]
New Vodafone owner Zegona has suggested that MásMóvil resume the proposed integration between the pair – they were set to merge in 2021 and 2022 – if the merger with Orange ultimately fails, according to Expansión. Zegona considers that a possible Vodafone-MásMóvil merger would be much easier since it would not need authorisation from the […]
Orange has reported that revenues for Q3 2023 were €10.99 billion, an increase of 1.8 per cent, or €194 million, year on year (compared with +2.6 per cent in Q2 and +2 per cent in H1). Revenue growth in the quarter was driven by retail services, which grew by 3.8 per cent, or €304 million […]
The European Commission is concerned that the merger between Orange and MásMóvil will reduce competition and increase prices. This is the preliminary conclusion of the probe carried out by the EC on the impact on the Spanish telco market. Now the companies may make submissions on how they will mitigate the impact, before the EC […]
The European Commission has announced an extension of 10 working days to its in-depth investigation of the proposed creation of a joint venture by Spanish telcos Orange and MásMóvil. The Commission is concerned that the transaction may reduce competition in the retail supply of mobile and fixed broadband services as well as of multiple-play bundles […]
MásMóvil ended the year as the third largest broadband provider in Spain – ahead of Vodafone – according to the latest CNMC data. MásMóvil hit a penetration rate of 18.6 per cent, higher than Vodafone’s 17.5 per cent, which is now in fourth place. Telefónica is the market leader with a 34.1 per cent share […]
The Autoridade da Concorrência (AdC), Portugal’s Competition Authority, has launched an in-depth investigation into Vodafone Portugal’s acquisition of local quad-play provider Nowo, expressing competition concerns. The antitrust authority justified its decision with the fact that, “given the evidence so far, it cannot be excluded that the merger will significantly impede effective competition in the national […]