0
General

Orange targets Spain's Jazztel – report

Wednesday 19 February 2014 | 09:26 CET | News
France's largest telecoms company Orange is stepping up its search for a takeover target in Spain as it seeks to avoid falling behind rival operators in the highly fragmented Spanish market, reports Bloomberg citing unnamed sources close to the company. Orange is currently in talks with investment banks about possible bids for operators such as Jazztel and Yoigo, the Spanish unit of TeliaSonera, but may finally opt against an acquisition if the prices are too high, said the sources. Jazztel remains the most attractive proposition, according to the report, above all due to its 1.4

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: General
Companies: Jazztel / Ono / Orange Spain / Telefonica / Telia / Vodafone / 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

Orange Spain revenues fall another 6% to EUR 977 mln in Q3

Published 23 Oct 2014 09:23 CET | Spain
Orange Spain reported a 6.1 percent decline in its third quarter revenues to EUR 977 million at 30 September, compared to EUR ...

Orange offers to buy Jazztel for EUR 3.4 billion

Published 16 Sep 2014 08:34 CET | France
Orange has launched an offer to acquire Spanish broadband operator Jazztel in a bid to compete with its two main rivals ...

Orange sees Spain as priority for potential acquisitions

Published 07 Jul 2014 11:59 CET | Europe
Orange sees many countries with potential acquisition targets, such as Belgium, Poland and Romania, but if he had to choose one ...

Jazztel chairman says merger with Orange "impossible"

Published 30 May 2014 09:37 CET | Spain
The chairman of Spanish operator Jazztel has ruled out a possible merger with Orange Spain, telling reporters that he considers ...

Orange looking at possible fixed acquisitions

Published 30 Apr 2014 17:21 CET | Europe
Romania and Moldova are among the markets where the French group Orange is looking for possible acquisitions, with a focus on the ...

Jazztel to open 400 stores throughout Spain in 2014 - report

Published 31 Mar 2014 11:51 CET | Spain
Spanish broadband operator Jazztel is to significantly expand its network of retail stores from its current figure of 120 to 400 ...

"R, Telecable, Euskaltel need volume" to survive - Ono CEO

Published 25 Mar 2014 15:43 CET | Spain
One of the inevitable consequences of Vodafone's recently-announced EUR 7.2 billion deal to acquire cable provider Ono is the ...

Vodafone to acquire Ono for EUR 7.2 bln

Published 17 Mar 2014 08:36 CET | Spain
Vodafone has agreed to acquire Ono for a total consideration equivalent to EUR 7.2 billion (GBP 6 billion) on a debt and cash ...

Jazztel to offer EUR 6 mln compensation for signal blackout

Published 13 Mar 2014 11:39 CET | Spain
Spanish broadband operator Jazztel has pledged to pay out a total of EUR 6 million in compensation to the "important number" of ...

Jazztel to launch 4G services this year on Orange network

Published 10 Mar 2014 16:30 CET | Spain
Spanish operator Jazztel has confirmed that it will be launching 4G services later this year, thus becoming one of the first ...

Jazztel Q4 sales up 19% to EUR 284 mln, beats 2013 forecast

Published 27 Feb 2014 11:51 CET | Spain
Spanish operator Jazztel continued to attract mobile phone and broadband customers in the fourth quarter of 2013, increasing its ...

Orange, MasterCard launch Orange Cash service in Spain

Published 20 Feb 2014 08:42 CET | Spain
Orange Spain and MasterCard have announced the launch throughout Spain of Orange Cash, a prepaid card that can be used within ...

Ono board decides to press ahead with IPO – report

Published 12 Feb 2014 09:12 CET | Spain
Spanish cable operator Ono's board of directors gave the green light to proceed with an IPO in a meeting held on 11 February, at ...

Vodafone makes formal EUR 7 bln bid for Ono – report

Published 10 Feb 2014 09:37 CET | Spain
Vodafone has made a formal bid to acquire Spanish cable operator Ono for around EUR 6.9 billion, reports Spanish business daily ...

Convergence driving Spanish market, but mobile market still contracts

Published 03 Feb 2014 13:15 CET | Spain
Competition in the Spanish market has centred on the promotion of bundles of both fixed and mobile services, offered by the ...





Calendar   /   Industry Events

21 Oct Logitech fiscal Q2
21 Oct Brand Marketing and Digital Summit
21 Oct Report: Dutch TV-Video Market 2019-Q2
22 Oct Grameenphone Q3 2019
22 Oct Snap Q3 2019
22 Oct DNA Q3 2019
22 Oct Calix Q3 2019
22 Oct MWC Los Angeles 2019
23 Oct Orange Belgium Q3 2019
23 Oct Telenor Q3 2019
23 Oct Millicom Q3 2019
23 Oct Rogers Communications Q3 2019
23 Oct Microsoft fiscal Q1
23 Oct Netgear Q3 2019
23 Oct Annual Customer Service Summit
24 Oct Netia Q3 2019
24 Oct Comcast Q3 2019
24 Oct Nokia Q3 2019
24 Oct Juniper Networks Q3 2019
24 Oct Norwegian telecoms market H1 report
24 Oct Smith Micro Q3 2019
24 Oct Nordic Entertainment Q3 2019
24 Oct Amazon Q3 2019
24 Oct HKBN fiscal FY
24 Oct Verisign Q3 2019
24 Oct STMicroelectronics Q3 2019
24 Oct Maxlinear Q3 2019
24 Oct Televisa Q3 2019
25 Oct Shaw Communications fiscal Q4
25 Oct Charter Communications Q3 2019
::: More Calendar Items