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General

Orange Spain eyeing Euskaltel acquisition - report

Wednesday 9 January 2019 | 13:55 CET | News
Orange Spain is interested in the acquisition of regional operator Euskaltel, present above all in the Basque Country, Galicia and Asturias, according to unnamed sources cited by business daily El Economista. The companies have been partners since 2014, when Orange took over from Vodafone as Euskaltel's national roaming provider, and have always enjoyed excellent relations, said the report, adding that Euskaltel's leading shareholder Kutxabank has been actively selling shares in other companies in recent months and is said to be open to offers for its 21.3 percent stake.

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Categories: General
Companies: Euskaltel / Orange Spain / R / Telecable
Countries: Spain
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