0
Wireless

MasMovil to acquire Pepephone for EUR 150 mln - report

Thursday 28 April 2016 | 10:49 CET | News
Spanish operator MasMovil is about to finalise a deal to acquire 100 percent of MVNO Pepephone for around EUR 150 million, according to unnamed sources cited by business daily El Economista. Pepephone launched as an MVNO in Spain in 2007 and has over half a million customers in its domestic market. It reported revenues of around EUR 63.9 million in 2015 and also launched an electricity supply business, dubbed Pepeenergy, last September. If confirmed, the deal would increase MasMovil's mobile customer base close to the 1 million milestone, a figure that would rise significantly if the company

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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: Mobile & Wireless
Companies: Masmovil / Pepephone / Telecable / Yoigo
Countries: Spain
::: add a comment

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 Pepephone set to merge with MasMovil by September

Published 09 May 2016 15:07 CET | Spain
Spanish MVNO Pepephone expects to finalise its merger with MasMovil by September, according to an open letter from the operator ...

MasMovil launches sub-EUR 40/mth fibre plus mobile offer

Published 04 May 2016 10:14 CET | Spain
Spanish operator MasMovil has launched a low-cost fibre broadband plus mobile convergent offer in a bid to compete with Movistar ...

Spain's MasMovil to retain Pepephone brand

Published 29 Apr 2016 14:13 CET | Spain
Spanish operator MasMovil has no intention of phasing out the Pepephone brand after acquiring the MVNO, reports website ...

MasMovil confirms EUR 158 mln Pepephone buy

Published 28 Apr 2016 14:44 CET | Spain
Spanish operator MasMovil has announced the acquisition of 100 percent of MVNO Pepephone for EUR 158 million, confirming earlier ...

MasMovil offers EUR 550 mln for Yoigo - report

Published 25 Apr 2016 10:31 CET | Spain
Spanish operator MasMovil has offered EUR 550 million to acquire the 77 percent stake in mobile operator Yoigo owned by Telia, ...

MasMovil sales up 69% to EUR 130 mln in 2015

Published 13 Apr 2016 11:34 CET | Spain
Spanish telecommunications provider MasMovil Ibercom reported revenues of EUR 130.2 million in 2015, up 69 percent compared to ...

Pepephone to provide Wi-Fi service in Uber taxis

Published 07 Apr 2016 11:12 CET | Spain
Taxi booking company Uber has announced that Spanish MVNO Pepephone will provide free Wi-Fi connectivity in its recently ...

MasMovil to launch sub-EUR 40/mth convergent service

Published 14 Mar 2016 14:52 CET | Spain
Spanish operator MasMovil is set to launch a low-cost fibre broadband plus mobile convergent service for under EUR 40 per month ...

MasMovil launches first 4G plans from EUR 16.90/mth

Published 10 Mar 2016 14:38 CET | Spain
Spanish operator MasMovil has finally launched its first 4G plans over eight months after reaching a deal to use Orange Spain's ...

Zegona, MasMovil preparing Yoigo bids - report

Published 07 Mar 2016 10:04 CET | Spain
Spanish operator MasMovil and Zegona, the investment vehicle behind regional broadband provider Telecable, are preparing bids to ...

Pepephone to start selling electricity to all consumers

Published 01 Mar 2016 10:27 CET | Spain
Spanish MVNO Pepephone will start offering electricity to all consumers via its Pepeenergy service starting next week, reports El ...

Masmovil drops plan for YouMobile aquisition

Published 06 Jan 2016 09:19 CET | Spain
Spanish operator Masmovil has abandoned plans to acquire 50 percent of the MVNO YouMobile, which targets the Chinese community in ...

MasMovil to bring fibre services to 2.3 mln homes by 2017

Published 18 Dec 2015 09:49 CET | Spain
Spanish operator MasMovil Ibercom has announced plans to accelerate its fibre-optic rollout to expand its network to around ...

Spain's Pepephone for sale for EUR 200 mln - report

Published 12 Oct 2015 08:38 CET | Spain
The owners of Spanish MVNO Pepephone have taken steps to sell the operator for around EUR 200 million, according to unnamed ...

Pepephone cuts Pulpo Pepe call costs

Published 08 Oct 2015 09:28 CET | Spain
Spanish MVNO Pepephone has announced a further reduction of call costs available under its popular 'Pulpo Pepe' tariff. Customers ...

Pepephone to launch Mexican MVNO in March or April - CEO

Published 25 Sep 2015 11:26 CET | Mexico
Spanish operator Pepephone is hoping to launch its Mexican MVNO by March or April 2016, reports website Xataka Mexico, citing the ...

Pepephone revamps mobile tariffs, launches 3 GB bundle

Published 17 Sep 2015 11:30 CET | Spain
Spanish MVNO Pepephone has revamped its portfolio of mobile tariffs for the first time since migrating its customers from ...