Vodafone this week closed the acquisition of private equity-owned Spanish cable operator Ono for which it paid €7.2bn. Ono offers high speed broadband and pay TV services in Spain and Vodafone said that the transaction will accelerate its unified communications strategy “in a highly converged European market”.
The European Commission (EC) has decided to expand on its assessment of the proposed acquisition bid by Orange for Jazztel. The EC announced the in-depth investigation is to determine whether the proposed acquisition is in line with EU merger regulation.
Operator group Orange said Tuesday it has made a cash offer for 100 per cent of Spanish carrier Jazztel, to the tune of €3.4bn.
Chinese equipment vendor Huawei has showcased what it claims is the world’s first successful implementation of a Dynamic Spectrum Sharing technology trial with Vodafone Spain, that will allow LTE and GSM to coexist in the same spectrum. Although carrier aggregation technologies hold significant promise for maximising spectrum resources, it’s clear that many operators will be wedded to GSM for years to come and this approach leaves both LTE and GSM free to use the same spectrum.
The Spanish telecoms market continues to be a hotbed of consolidation, as European private equity firm Cinven on Monday announced plans to acquire a fibre network running through Spain and Latin America, from Spanish natural gas utility, Gas Natural Fenosa, for €510m.
UK-based operator Vodafone has announced the acquisition of private equity-owned Spanish cable operator Ono for €7.2bn. Ono offers high speed broadband and pay TV services in Spain and Vodafone said that the transaction will accelerate its unified communications strategy “in a highly converged European market”.
Spanish Cable operator Ono has said it will press ahead with its planned IPO while continuing to engage with Vodafone over a possible acquisition, it has been reported. Citing two people “with knowledge of the matter”, news agency Bloomberg reported that Ono will slow preparations for the IPO, agreed at a board meeting on Thursday, to give Vodafone the option to up its previous bid, which was in the region of €7bn.
TeliaSonera’s Spanish subsidiary Yoigo, the fourth largest challenger in the Spanish mobile market reached four million subscribers last week.
Operator group Vodafone has announced an NFC mobile payment service in Spain. The group plans to launch the service at the end of November, with launches in Germany, the Netherlands and the UK to follow.
The European Commission has formally asked Spanish regulator CNMC to withdraw or amend its proposal to cap the prices which dominant operator Telefónica can charge rivals that want to sell broadband services on it network.
Viaccess-Orca has announced a deal with Orange Spain that will see the telco adopt its TV Everywhere services for a multiscreen content service launched by Orange at the end of September. The deal comes in the wake of wins for Viaccess-Orca with Orange in France in 2011, Poland in 2012 and Romania earlier this year.
Spanish operator group Telefónica has teamed with local bank CaixaBank to set up a company offering consumer financing for mobile handsets and devices.
Open source software provider Mozilla has released details of the first Firefox OS smartphones prior to their commercial launch. The Alcatel One Touch Fire and the ZTE Open will be launched by European operator groups Deutsche Telekom and Telefonica, in Poland and Spain respectively,in thecoming weeks. Both operators said they hope the devices will form part of a line-up that will bring more choice to the smartphone ecosystem.
Chinese kit vendor Huawei has taken on the field and civil maintenance and management of Vodafone’s xDSL and mobile networks in Spain. The five year contract sees Huawei taking on 103 Vodafone employees who will be put on the vendor’s payroll.
Telefónica has partnered with Spanish banks La Caixa and Santander to deliver mobile payment services and a digital wallet. Users of the new service will be able to gather all their credit cards into the new digital wallet; they will also be able to send and receive funds via their mobile phone. Bank account details will not be necessary; all the sender needs is the recipient’s phone number.
Swedish operator group TeliaSonera has announced that its Spanish subsidiary Yoigo will launch LTE services in July. In doing so, it will become the first in Spain to offer 4G services.
Swedish operator group TeliaSonera will retain its Spanish subsidiary Yoigo as it has not received a suitable offer for the business from prospective buyers, the firm has said.
Spanish operator group Telefonica has bolstered its mobile content portal in Spain, in a bid to stave off competition from over-the-top service providers.
The Spanish subsidiaries of operator groups Vodafone and Orange will co-invest in fibre to the home (FTTH) deployment in Spain, the former has announced. The two intend to reach six million households and workplaces across 50 major cities by September 2017.
Global operator group Vodafone is today holding talks with labour unions in Spain regarding its plans to cut its workforce, a spokesperson has told Telecoms.com. The news comes as Vodafone struggles in a challenging economic climate in Europe.