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General

Masmovil buys rural operator Ahi+ for EUR 115 mln - report

Wednesday 16 December 2020 | 10:10 CET | News
Spanish telecommunications provider Masmovil, the country's fourth largest network operator, has closed the acquisition of regional operator Ahi+ for around EUR 115 million, reports business daily Expansion. Ahi+ is a grouping of 18 local operators in small towns and rural parts of Extremadura, Castilla-La Mancha, Andalucia and Valencia and has been using Masmovil's network since its inception in 2016. The acquisition is Masmovil's first major corporate transaction since its takeover by the Lorca Telecom consortium of buyout funds KKR, Cinven and Providence.

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Categories: General
Companies: Ahi+ / Masmovil
Countries: Spain
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