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General

Ono sale in line with telecoms consolidation in EU - Soria

Wednesday 19 March 2014 | 10:58 CET | News
Vodafone's EUR 7.2 billion acquisition of Spanish cable provider Ono is in line with the expected consolidation of European telecommunications operators, according to Spain's industry minister Jose Manuel Soria. The deal "goes in the direction set by the European Union and shared by the Spanish government, that will lead to a greater consolidation of the telecommunications sector in Europe," said Soria at an event organized by Google and ICT development agency Red.es. Echoing comments made at the Mobile World Congress in Barcelona last month, Soria added that "it makes little sense in terms

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Categories: General
Companies: Ono / Vodafone
Countries: Spain
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