MásOrange, Vodafone Spain ‘rethink FibreCo stake sale’
Operator duo reportedly considers adjusting plans to offload a 40% stake in their work-in-progress fibre joint venture, after “most” of the initial non-binding offers that investors have submitted fell below the €7bn minimum valuation they are seeking.
This article includes:
- Organisations: Adamo; AXA Investment Managers; Bluevía; Brookfield; Conexus Networks; Crédit Agricole Assurances; Elanta; Fiberpass; KKR; MÁSMÓVIL; MásOrange; Olin Group; Onivia; Orange; Pontegadea; Telefónica; Vauban Infrastructure Partners; Vodafone Spain; Zegona Communications.
- Geographies: Europe; Spain.
- Themes: Acquisitions; Broadband; Divestment; Fibre (FTTP); Financing; Fixed broadband; Infrastructure; Investment; Joint ventures; Mergers and acquisitions (M&A); Operational efficiencies; Regulation; Rural connectivity; Rural fibre; Technology; Utilisation rate; Wholesale.
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