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General

Masmovil acquires stake in IT retailer Ticnova - report

Wednesday 8 April 2020 | 09:13 CET | News
Spanish telecommunications group Masmovil, the country's fourth largest network operator, has acquired a 10 percent stake in local IT retailer Ticnova, which runs the stores Beep, PC Box, BeepBox and App Informatica among others, reports Movilonia. Masmovil paid EUR 413,000 for the stake and retains an option to acquire Ticnova's remaining shares over the next 5 years. The operator has already begun installing corner stands to sell its telecommunications services in some of Ticnova's nearly 400 computer accessories stores across the country, added the report.

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Categories: General
Companies: Informatica / LlamaYa / Masmovil / Pepephone / Yoigo
Countries: Spain
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