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Wireless

Carlos Slim examining acquisition of Spain's Yoigo - report

Monday 19 January 2015 | 08:34 CET | News
Mexican billionaire Carlos Slim, owner of America Movil, is examining the possibility of expanding into the Spanish market telecoms market by acquiring a controlling stake in Spain's fourth largest mobile operator, Yoigo, reports website Hispanidad. Slim is shortly to become the largest shareholder in Spanish construction company FCC, which owns a 3 percent stake in Yoigo, with another Spanish construction company, ACS, owning 17 percent and TeliaSonera the remaining 76.6 percent. However, TeliaSonera has made no secret of its wish to offload its Spanish asset, with CEO Johan Dennelind last

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Categories: Mobile & Wireless
Companies: America Movil / FCC / Telia / Yoigo
Countries: Spain
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