Telefónica, Vodafone Spain close out Fiberpass stake sale
Telco duo finalise divestment of a 40% stake in their Spanish fibre joint venture to AXA Investment Managers, enabling them to reduce debt and advance their distinct fibre strategies…
This article includes:
- Organisations: AXA Investment Managers; Bluevía; CAF; CDPQ; European Commission (EC); FiBrasil; Fiberpass; GIC; IDB Invest; Internet para Todos (IpT); MásOrange; Meta; Millicom International Cellular; ON*NET Fibra Colombia; PremiumFiber; Telefónica Chile; Telefónica Colombia; Telefónica España; Telefónica Group; Vodafone Spain; Zegona Communications.
- Geographies: Asia-Pacific; Chile; Colombia; Europe; Latin America; Peru; Singapore; Spain.
- People: Juan Azcue; Pablo Ledesma; Marc Murtra; Eamonn O’Hare.
- Themes: Acquisitions; Asset monetisation; Broadband; Broadband services; Capital expenditure; Cost reduction; Debt reduction; Deleveraging; Earnings; Fibre (FTTP); Fibre joint ventures; Infrastructure; Infrastructure ownership; Infrastructure investment; Investment; Network rationalisation; Radio access networks (RAN); Share buyback; Stake sale; Transformation; Wholesale.
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