Saturday, 23 June 2018

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…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry