0
General

Masmovil confirms FY20 and FY21 guidance, bidders secure EUR 2 bln loan

Friday 3 July 2020 | 12:14 CET | News
Spanish telecommunications provider Masmovil, the country's fourth largest network operator, has reiterated its full-year guidance for 2020 and 2021, taking into account the impact of the coronavirus epidemic on its business. In a filing with securities market regulator CNMV, the operator said it expected to achieve an adjusted EBITDA of EUR 570-600 million this year, with a margin of 30-32 percent, rising to EUR 670-700 million, with a margin of 32-34 percent in 2021.

Thank you for visiting Telecompaper

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: Lycamobile / Masmovil
Countries: Spain
::: add a comment
This article is part of dossier

Coronavirus


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

Spain's Masmovil signs up to UN Global Compact

Published 20 Oct 2020 13:58 CET | Spain
Spanish telecommunications group Masmovil, the country's fourth largest network operator, has decided to sign up to the United ...

Polygon lodges appeal against Masmovil takeover bid

Published 02 Oct 2020 14:48 CET | Spain
UK investment fund Polygon has lodged a contentious-administrative appeal before Spain's Audiencia Nacional court against the ...

Masmovil to hold board meeting on stock market delisting on 26 October

Published 23 Sep 2020 10:18 CET | Spain
Spanish operator Masmovil, the country's fourth largest network operator, has announced that it will hold a board a meeting to ...

Spanish FTTH growth slows to 41,400 new lines in Covid-affected April

Published 17 Sep 2020 15:03 CET | Spain
Spanish operators signed up a further 41,397 fibre to the home (FTTH) subscribers in April, well down on previous monthly results ...

Key Masmovil shareholder accepts KKR, Cinven, Providence takeover bid

Published 10 Sep 2020 09:26 CET | Spain
The third largest shareholder of Spanish operator Masmovil, the Indumenta Pueri holding of children's fashion brand Mayoral, has ...

Masmovil takeover 'seriously damages' shareholder interests - Polygon

Published 24 Aug 2020 14:35 CET | Spain
The bid to take over Spanish operator Masmovil launched by three buyout funds "seriously damages" the interests of shareholders ...

Masmovil buyers commit to keeping jobs and strategic plan

Published 24 Aug 2020 09:49 CET | Spain
The board of directors of Spanish operator Masmovil said the buyout funds KKR, Providence and Cinven funds have committed to ...

Masmovil sales up 10% in Q2, confirms FY targets despite Covid effect

Published 28 Jul 2020 09:35 CET | Spain
Spanish telecommunications provider Masmovil, the country's fourth largest network operator, continued to grow in the second ...

Masmovil reaches exclusive collaboration and promotions deal with Amazon

Published 07 Jul 2020 13:54 CET | Spain
Spanish telecommunications group Masmovil, the country's fourth largest network operator, has signed an agreement to become ...

Masmovil launches discounted 'multi-branch' fibre offer for SMEs

Published 06 Jul 2020 11:18 CET | Spain
Spanish operator Masmovil has launched a new offer giving business customers the opportunity to add extra fibre lines at ...

Masmovil unveils new 'Guuk' brand in Basque Country

Published 03 Jul 2020 14:40 CET | Spain
Spanish telecommunications group Masmovil, the country's fourth largest network operator, has launched a new brand called 'Guuk' ...

Masmovil sells 1 mln more FTTH units for around EUR 400 mln

Published 15 Jun 2020 15:05 CET | Spain
Spanish telecommunications provider Masmovil, the country's fourth largest network operator, has announced the sale of just over ...

Masmovil closes EUR 361 mln Lycamobile Spain buy

Published 15 Jun 2020 10:33 CET | Spain
Masmovil, Spain's fourth largest network operator, announced the closure of its deal to acquire Lycamobile Spain for a total of ...

Masmovil, Orange Spain extend fibre sharing deal to further 2.2 mln premises

Published 15 Jun 2020 09:21 CET | Spain
Spanish operator Masmovil has announced a new agreement with Orange Spain to share fibre-optic infrastructure in over 2.2 million ...

CNMC clears Masmovil's EUR 372 mln acquisition of Lycamobile Spain

Published 08 Jun 2020 09:55 CET | Spain
Spain's communications and markets watchdog CNMC has approved the Masmovil group's acquisition of MVNO Lycamobile Spain without ...

KKR, Cinven, Providence launch EUR 3 bln bid to take over Masmovil

Published 01 Jun 2020 09:14 CET | Spain | Update: 01 Jun 2020 10:51 CET
Three buyout funds have launched a joint bid to take over Spanish telecommunications provider Masmovil, the country's fourth ...

Orange Spain to continue fibre rollout to reach 18 mln homes

Published 30 Apr 2020 15:38 CET | Spain
Orange Spain intends to continue expanding its fibre-optic network throughout the country in spite of the coronavirus (Covid-19) ...

Masmovil buys MVNO Lycamobile Spain for EUR 372 mln

Published 02 Mar 2020 10:11 CET | Spain
Spanish telecommunications group Masmovil, the country's fourth largest network operator, has announced an agreement to acquire ...

Masmovil FY revenues hit EUR 1.7 bln after adding 1.4 mln subs in 2019

Published 28 Feb 2020 09:47 CET | Spain
Spanish telecommunications provider Masmovil, the country's fourth largest network operator, reported net revenues of EUR 1.68 ...





Calendar   /   Industry Events

25 Jan Edgeware EGM
25 Jan The Things Conference 2021
26 Jan Verizon Communications Q4 2020
26 Jan F5 Networks fiscal Q1
26 Jan Microsoft fiscal Q2
26 Jan Meetup MENA
27 Jan KPN Q4 2020
27 Jan Extreme Networks fiscal Q2
27 Jan MediaTek Q4 2020
27 Jan Calix Q4 2020
27 Jan Facebook Q4 2020
27 Jan AT&T Q4 2020
27 Jan Corning Q4 2020
27 Jan Uptime
28 Jan Crown Castle Q4 2020
28 Jan Rogers Communications Q4 2020
28 Jan Juniper Networks Q4 2020
28 Jan Comcast Q4 2020
28 Jan Samsung Electronics Q4 2020
28 Jan Skyworks fiscal Q1
28 Jan 8x8 fiscal Q3
29 Jan Charter Communications Q4 2020
29 Jan Telia Q4 2020
29 Jan Ericsson Q4 2020
29 Jan NEC fiscal Q3
::: More Calendar Items