News Articles

Monday, March 17, 2014

Vodafone to acquire Spanish broadband and pay-TV provider Ono

Vodafone has agreed to acquire Spanish broadband, phone and TV provider Ono in a deal worth £6 billion. The acquisition is expected to be completed in the autumn.

Ono currently has 1.9 million broadband customers, along with fixed-line telephone and pay-TV users.

Vittorio Colao, CEO of Vodafone Group, said “The combination of Vodafone and Ono creates a leading integrated communications provider in Spain and represents an attractive value creation opportunity for Vodafone. Demand for unified communications products and services has increased significantly over the last few years in Spain, and this transaction – together with our fibre-to-the-home build programme – will accelerate our ability to offer best-in-class propositions in the Spanish market. We look forward to welcoming the management and employees of Ono to Vodafone and working together to serve our customers across Spain”.

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: Networks and operators, NewsNumber of views: 17404

Tags: vodafone spain television fixed-line

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«December 2024»
MonTueWedThuFriSatSun
2526272829301
2345678
9101112131415
16171819202122
23242526272829
303112345

Archive

Terms Of Use | Privacy Statement