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MOVISTAR

Companies, Spanish economy 1st October 2022

Telcos competition eases: Vodafone, MásMóvil, the MVNOs record positive portability balances; Orange, Movistar negative

Norbolsa | The Spanish telco operators eased competition in July, after registering declines of 13% in mobile portability and 23% in fixed, compared with a year earlier. Vodafone, MásMóvil and the MVNOs recorded net positive portability balances, while Orange and Movistar registered negative balances.  In this respect, the commercial pressure seems to be decreasing given that, after the declines in prices in the last few months, there is not a…

orange

Spanish economy 10th March 2022

Orange España And MásMóvil To Merge… If Brussels Does Not Raise Any Objections

Orange España, the French group’s Spanish subsidiary, and the MásMóvil group have confirmed exclusive talks with a view to a 50/50 merger of their respective businesses through a €19.6 billion joint venture. This would value Orange at €8.1 billion and Másmóvil at €11.5 billion. The resulting new group would become the leader in the Spanish mobile market, with 27 million mobile customers, and would have combined revenues and EBITDA of…

Vodafone Orange

Spanish economy 3rd February 2021

Vodafone And Orange Studying The Creation Of A Joint Infrastructure Firm In Spain

Bankinter | The Vodafone and Orange alliance aims to gain size to become an alternative to the big players in the sector, Cellnex and American Tower. The latter recently landed in Europe after the purchase of Telefónica’s towers. The sum of the towers that both groups would contribute to the new “infraco” would be 17,000 sites. It would become the leader in the Spanish market, surpassing Telxius (10,000 towers) and Cellnex (9,000).

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Companies, Markets 1st November 2019

Orange Revenue improving, Spain the weak spot (again)

BOfAML | Orange’s Q3 results were broadly in line with expectations with revenues 0.5% ahead, (+0.8% in Q3 vs +0.4% in Q2) and EBITDAaL +0.2%, in line with consensus expectations. The mix was somewhat weak however with France and Spain delivering slightly below

No Picture

Companies 16th September 2014

Orange-Jazztel deal stirs M&A enthusiasm

MADRID | The Corner | Orange is set to buy Spanish competitor Jazztel in a €3.33bn ($4.3bn) deal. The merger will see Jazztel receive €13 a share, a boost of 22% on the company´s closing share price on Friday. The French giant says it is not seeking further acquisitions in other countries. The truth is we haven´t seen this M&A frenzy since 2006-2008: deals worth $630bn + 63% vs. 2013 and – 29% below $897bn in 2006.