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General

MasMovil buys cloud-based UppTalk, UppMobile

Monday 15 December 2014 | 13:38 CET | News
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Spanish telecommunications provider MasMovil Ibercom and investment fund Inveready Seed Capital have acquired Spain-based VoIP service UppTalk and its MVNO UppMobile for an undisclosed amount. Under the terms of the agreement, Inveready will own 51 percent of the assets and MasMovil 49 percent. The deal with UppTalk (formerly Yuilop) also includes its UK and US assets including the UppWireless VoIP-focused venture launched earlier in the year. MasMovil already acted as the enabler for UppMobile's all-IP SIM-based service in Spain and it moved to acquire UppTalk's assets after it filed for

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Categories: General
Companies: Happy Movil / Masmovil / Quantum Telecom / The Phone House / Yuilop
Countries: Spain
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