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Masmovil Q3 sales up 30% to EUR 600 mln following Euskaltel buy

Tuesday 30 November 2021 | 15:50 CET | News
Spanish telecommunications provider Masmovil reported total revenues up 30 percent year on year to EUR 599 million in the third quarter of 2021 thanks above all to its EUR 2 billion acquisition of Spain's fifth biggest operator Euskaltel, a transaction completed in August. As a result, service revenues climbed 22 percent year on year to EUR 1.55 billion in the first 9 months of the year after adding over 2.4 million customers in the third quarter alone, including those of the Euskaltel group and its Euskaltel, R, Telecable and Virgin Telco brands.

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Categories: General
Companies: Euskaltel / Lebara / LlamaYa / Masmovil / Pepephone / R / Telecable / Virgin Telco / Yoigo
Countries: Spain
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