The European Commission has approved, under the EU Merger Regulation, the proposed creation of a joint venture by Orange and MásMóvil. The approval is conditional upon full compliance with a commitments package offered by Orange and MásMóvil. The decision follows a prolonged investigation of the proposed transaction. The EC explained that “Orange is a full […]

UK’s Zegona, owner of Vodafone Spain, has asked Brussels for access to surplus assets from Orange-MásMóvil under the same conditions as the Romanian operator Digi. According to Expansión, Zegona has requested that European authorities grant a similar deal to Digi’s with both merging companies so that Vodafone can gain broadband and mobile customers from Orange […]

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 […]