Sunday, 04 December 2016

Vodafone confirms €7.2bn Ono buy

By Mary Lennighan, Total Telecom
Monday 17 March 14

U.K. mobile operator continues fixed-line push with Spanish cable acquisition; analyst predicts Italy, Netherlands could be next on Voda's list.

After months of speculation, Vodafone on Monday confirmed that it will acquire Spanish cable operator Ono for €7.2 billion, continuing its push to build up fixed assets in Europe. The deal, which will see the mobile group acquire 100% of Ono's share capital, is expected to close in the third quarter of this year, subject to regulatory and antitrust approvals…

After months of speculation, Vodafone on Monday confirmed that it will acquire Spanish cable operator Ono for €7.2 billion, continuing its push to build up fixed assets in Europe. The deal, which will see the mobile group acquire 100% of Ono's share capital, is expected to close in the third quarter of this year, subject to regulatory and antitrust approvals…

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