0
General

KKR eyes sale of part of Portuguese telecom assets to MasMovil - report

Tuesday 14 May 2019 | 14:43 CET | News
US fund KKR is negotiating to sell part of its telecommunications assets in Portugal, reports Spanish daily El Economista. One of the prospective buyers of a minority stake in Nowo (formerly Cabovisao) is Spain's fourth largest operator, MasMovil. According to the same source, the operation also foresees the sale of part of the capital of Oni, a telecom operator providing services to business customers.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Cabovisao / Masmovil / Nowo / Oni
Countries: Portugal
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Masmovil confirms acquisition of minority stake in Nowo, Oni owner

Published 21 Aug 2019 15:26 CET | Portugal
Spanish operator Masmovil has confirmed plans to acquire a minority stake in Cabonitel, the owner of the Portuguese operators ...

Masmovil set to expand to Portugal with stake in Nowo - report

Published 20 Aug 2019 15:05 CET | Portugal
Spanish operator MasMovil is preparing to enter the Portuguese market. The company has reached an agreement to acquire a stake in ...

Last week in telecoms: Vodafone earnings, German deal in danger, Italy heading for more network sharing

Published 20 May 2019 07:01 CET | Europe
Vodafone's quarterly results and dividend cut set the TPSI European Telecoms Services lower last week. The index ended week 20 ...

Altice says Nowo respecting debt payment plan

Published 13 May 2019 11:12 CET | Portugal
The Oni/Nowo group is respecting the payment plan agreed with Altice Portugal (Meo) to settle the debt towards the company, ...

Oni and Nowo to fire more than 50 employees

Published 03 Dec 2018 10:57 CET | Portugal
Portuguese telecom operators Oni and Nowo, the subject of a takeover by US fund manager KKR, will dismiss more than 50 employees, ...

Altice withdraws request for Oni insolvency following debt deal - report

Published 08 Nov 2018 14:29 CET | Portugal
Portuguese operator Oni, owned by Nowo, has reached an agreement to repay its debt to Altice. As a result, the owner of Meo has ...

KKR files for competition clearance to buy Portugal's Nowo from Apax

Published 04 Oct 2018 12:08 CET | Portugal
US fund KKR has applied to the Portuguese competition regulator to become the new owner of Portuguese operators Nowo (former ...





Calendar   /   Industry Events

15 Oct Broadband World Forum 2019
16 Oct Netflix Q3 2019
16 Oct Limelight Networks Q3 2019
16 Oct Dtac Q3 2019
16 Oct Crown Castle Q3
16 Oct Berec stakeholder forum
17 Oct Ericsson Q3 2019, Investors day
17 Oct Elisa Q3 2019
17 Oct Telia interim report
17 Oct Central European Media Q3 2019
17 Oct Tele2 Q3 2019
18 Oct Digi Q3 2019
21 Oct Logitech fiscal Q2
21 Oct Brand Marketing and Digital Summit
22 Oct DNA Q3 2019
22 Oct Grameenphone Q3 2019
22 Oct Snap Q3
22 Oct Calix Q3 2019
22 Oct MWC Los Angeles 2019
23 Oct AT&T Q3 2019
23 Oct Rogers Communications Q3 2019
23 Oct Telenor Q3 2019
23 Oct Millicom Q3 2019
23 Oct Netgear Q3
23 Oct Microsoft fiscal Q1
23 Oct Annual Customer Service Summit
::: More Calendar Items