Sunday, 27 May 2018

Friday Review: Yo quiero Yoigo

By Mary Lennighan, Total Telecom
Friday 03 August 12

We look at the likely line-up of candidates to acquire TeliaSonera's controlling stake in Spain's fourth mobile operator.

Given its recent moves to expand its presence in Europe, it comes as no surprise that various media outlets are describing Mexico's America Movil as the frontrunner to acquire Spanish mobile operator Yoigo. America Movil CEO Daniel Hajj went on record last week as saying that his company is not interested in Spain's smallest network operator "at the moment" and will instead concentrate on its newly-acquired assets in the Netherlands and Austria. But many industry watchers remain convinced that the telco is simply playing its cards close to its chest. Speaking to Total Telecom a couple of months ago about America Movil's bid to increase its stake in Dutch incumbent KPN to 27.7%, something it has since achieved, Ovum senior analyst Emeka Obiodu suggested that the Mexican mobile giant might be looking to give rival Telefonica &quot…

Given its recent moves to expand its presence in Europe, it comes as no surprise that various media outlets are describing Mexico's America Movil as the frontrunner to acquire Spanish mobile operator Yoigo. America Movil CEO Daniel Hajj went on record last week as saying that his company is not interested in Spain's smallest network operator "at the moment" and will instead concentrate on its newly-acquired assets in the Netherlands and Austria. But many industry watchers remain convinced that the telco is simply playing its cards close to its chest. Speaking to Total Telecom a couple of months ago about America Movil's bid to increase its stake in Dutch incumbent KPN to 27.7%, something it has since achieved, Ovum senior analyst Emeka Obiodu suggested that the Mexican mobile giant might be looking to give rival Telefonica &quot…

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