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Wireless

Masmovil drops plan for YouMobile aquisition

Wednesday 6 January 2016 | 09:19 CET | News
Spanish operator Masmovil has abandoned plans to acquire 50 percent of the MVNO YouMobile, which targets the Chinese community in Spain. The companies announced a preliminary agreement in September for Masmovil to buy 50.01 percent, subject to due diligence. However, Masmovil said they were unable to reach a final agreement and it's now withdrawing from the deal. 

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Categories: Mobile & Wireless
Companies: Masmovil
Countries: Spain
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