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British fund Zegona on Friday said it was in exclusive talks with Sweden's Teliasonera to buy its Spanish budget mobile operator Yoigo. A source familiar with the matter told Reuters on Saturday that Zegona, ...
Spain's anti-trust watchdog CNMC said on Thursday it had fined Telefonica 5 million euros for failing to comply with regulation on renting broadband connections to its competitors for more than four years. ...
An investment vehicle set up by two former Virgin Media executives bought Spanish cable operator Telecable for $706 million including debt on Monday, putting it at the centre of Spain's telecom sector its first deal. The operator from northwest Spain was bought by Zegona , formed by Eamonn O'Hare and Robert Samuelson, who helped build up and then sell Virgin Media in 2013. The deal is the fourth big telecoms deal in Spain in the last 18 months, after Vodafone bought Ono, Orange (Taiwan OTC: 4554.TWO - news) snapped up Jazztel (Other OTC: JAZTF - news) and Euskaltel (Madrid: EKT.MC - news) last week agreed an offer for R Cable.