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General

Caja Rural de Navarra takes 10% stake in Masmovil's Guuk brand

Thursday 29 October 2020 | 11:07 CET | News
Spanish telecommunications group Masmovil, the country's fourth largest network operator, announced that regional financial entity Caja Rural de Navarra has joined the shareholders of its new Basque brand Guuk. The Navarre-based savings bank has acquired a 10 percent stake in Guuk to join original partners Masmovil (64%) and Basque IT services and engineering company Dominion (26%). Masmovil said Caja Rural de Navarra will also have a seat on Guuk's board of directors and that it intends to add more new partners to the venture covering both the Basque Country and Navarre.

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Categories: General
Companies: Euskaltel / Guuk / Masmovil
Countries: Spain
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