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Broadband

Masmovil sells 940,000 FTTH units to Macquarie for EUR 218.5 mln

Wednesday 6 November 2019 | 10:25 CET | News
Spanish telecommunications provider Masmovil, the country's fourth largest network operator, has announced the sale of around 940,000 of its FTTH premises to infrastructure fund Macquarie Capital for a total of EUR 218.5 million. Masmovil first announced the deal in May, confirming it would retain total ownership of the existing customer base on the assets sold. At the same time it reached a new agreement with Orange Spain to acquire an Indefeasible Right of Use of 1 million premises during 35 years for a total of EUR 70 million.

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Categories: Fixed
Companies: Masmovil / Orange Spain
Countries: Spain
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