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General

MasMovil looking for 29% revenue increase by 2017

Monday 26 January 2015 | 10:10 CET | News
Spanish telecommunications provider MasMovil Ibercom expects to increase its revenues by 29 percent over the next three years, from EUR 152 million in 2014 to EUR 197 million in 2017, according to the 2015-2017 strategic plan launched by the company. In May the operator announced a EUR 24.5 million capital hike to finance its mergers and acquisitions strategy, which has seen it acquire the operators Neo, Embou, UppMobile and Happy Movil, among others. The company is listed on Madrid's MAB alternative stock exchange, but reiterated its intention to trade on the official stock exchange and

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Categories: General
Companies: Happy Movil / Ibercom / Masmovil
Countries: Spain
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