0
General

Masmovil confirms acquisition of minority stake in Nowo, Oni owner

Wednesday 21 August 2019 | 15:26 CET | News
Spanish operator Masmovil has confirmed plans to acquire a minority stake in Cabonitel, the owner of the Portuguese operators Nowo and Oni, in its first expansion abroad. The company said it will invest less than EUR 15 million and act as an industrial partner for the Portuguese operator. 

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: 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 directors acquire EUR 31 mln of company shares

Published 10 Sep 2019 11:04 CET | Spain
Members of Masmovil's board of directors, its management team and major shareholders have acquired company shares worth around ...

Last week in telecoms: Sunrise crossing swords with Freenet over UPC Schweiz

Published 26 Aug 2019 19:13 CET | Europe
Quarterly figures and acquisitions determined the mood in the European telecom sector last week. In the end, the price of the ...

Masmovil hikes price of voice only plan to EUR 12.90/mth

Published 22 Aug 2019 15:01 CET | Spain
Spanish operator Masmovil has increase the price of its 'Mi Fijo' voice only offer by EUR 2 a month just a few weeks after ...

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 ...

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

Published 14 May 2019 14:43 CET | Portugal
US fund KKR is negotiating to sell part of its telecommunications assets in Portugal, reports Spanish daily El Economista. One of ...