0
General

Orange to sell Jazztel fibre assets to get EC approval

Wednesday 6 May 2015 | 08:42 CET | News
Orange has started negotiations with potential buyers of parts of Jazztel's fibre assets as part of the conditions for securing the European Commission's approval of its EUR 3.4 billion takeover of the Spanish operator. Nicolas Laederich, an executive who handles regulatory affairs and competition issues for Orange, told Reuters that the operator that buys the fibre assets will also be offered capacity on the company's fixed network. The EC's antitrust authority is set to finally clear the Orange-Jazztel merger by 01 June. "We have already had contacts with several interested parties," said

Thank you for visiting Telecompaper

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: European Commission / Jazztel / Masmovil / Orange / 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-Jazztel to axe 7.7% of combined workforce - report

Published 29 Jan 2016 14:36 CET | Spain
Orange has informed workers' representatives of its plans to implement a collective dismissal of a maximum 550 workers as a ...

MasMovil to acquire Orange assets next month - report

Published 29 Jul 2015 10:46 CET | Spain
Spanish telecommunications provider MasMovil Ibercom is set to close the acquisition of assets divested by Orange following its ...

Jazztel fibre network hits 4 mln households

Published 15 Jul 2015 08:35 CET | Spain
Spanish broadband operator Jazztel, recently acquired by Orange, has increased its fibre-optic network to over 4 million ...

Virgin interested in acquiring Spain's Yoigo - report

Published 12 Jun 2015 10:01 CET | Spain
The Virgin Group has expressed an interest in acquiring TeliaSonera's Spanish subsidiary Yoigo, according to unnamed sources ...

Orange could take Jazztel private after takeover

Published 28 May 2015 08:39 CET | Spain
After receiving the approval of Spain's market regulator CNMV for its offer to take over Spanish broadband operator Jazztel, ...

Spanish regulator clears Orange's takeover of Jazztel

Published 27 May 2015 08:45 CET | Spain
Spain's market regulator CNMV has authorised Orange's offer to take over Spanish broadband operator Jazztel a week after the ...

Orange secures EC approval of EUR 3.4 bln Jazztel takeover

Published 19 May 2015 14:34 CET | Spain
Orange has secured the European Commission's approval of its EUR 3.4 billion takeover of Spanish broadband operator Jazztel after ...

Orange Spain to bring FTTH to Vitoria in EUR 12 mln rollout

Published 12 May 2015 09:10 CET | Spain
Orange Spain has announced the commencement of a EUR 12.5 million deployment to bring fibre-optic services to the city of Vitoria ...

Orange to bring FTTH to Benalmadena in EUR 4 mln investment

Published 06 May 2015 10:08 CET | Spain
Orange Spain has announced that it will invest around EUR 4 million to expand its fibre-optic network to the city of Benalmadena ...

Orange Spain starts EUR 5 mln San Sebastian fibre rollout

Published 06 May 2015 09:40 CET | Spain
Orange Spain has announced the commencement of a EUR 5 million deployment to bring fibre-optic services to the city of San ...

Yoigo CEO hints at MasMovil deal

Published 04 May 2015 09:54 CET | Spain
The CEO of Spanish mobile operator Yoigo has suggested the company may have to purchase smaller rival MasMovil to continue ...

EC poised to approve Orange-Jazztel merger - report

Published 04 May 2015 09:08 CET | Spain
The European Commission is set to approve Orange's proposed EUR 3.4 billion takeover of Spanish operator Jazztel after attaching ...

Jazztel Q1 sales up 5% to EUR 298 mln, EBITDA up 16%

Published 30 Apr 2015 09:49 CET | Spain
Spanish operator Jazztel reported a 5 percent year-on-year increase in revenues in the first quarter to EUR 297.5 million, while ...

Spain adds 116,000 FTTH lines to reach 1.7 mln - study

Published 28 Apr 2015 16:12 CET | Spain
New fibre-based connections continue to drive the Spanish fixed broadband sector, with the latest monthly data released by ...

Orange Spain revenues down 5% in Q1, doubles FTTH customers

Published 28 Apr 2015 09:00 CET | Spain
Orange Spain reported first quarter revenues of EUR 928 million at 31 March, down 5.0 percent on last year's first quarter return ...

Spain regulator concerned about telecoms competition

Published 23 Apr 2015 15:17 CET | Spain
The president of Spain's communications regulator CNMC has raised fears about the competitive implications of Orange's imminent ...

Spanish mobile market contracts 13%, will Yoigo survive as 4th MNO?

Published 20 Apr 2015 14:35 CET | Spain
Spanish mobile operators are turning to consolidation opportunities and developing low-cost offers in an attempt to weather the ...

EC resumes Orange-Jazztel probe, sets new 01 June deadline

Published 01 Apr 2015 09:22 CET | Spain
The European Commission has resumed its investigation into Orange's proposed takeover of Spanish operator Jazztel, setting a new ...

Yoigo negotiating with EC over Orange Spain network - report

Published 25 Mar 2015 14:11 CET | Spain
Spain's fourth largest mobile operator, Yoigo, has opened negotiations with the European Commission over the possibility of ...

Orange offers to cede network to smaller Spanish operator

Published 23 Mar 2015 10:02 CET | Spain
Orange is prepared to transfer part of its network assets to a smaller Spanish operator as part of its efforts to persuade the ...





Calendar   /   Industry Events

22 Sep BIG 5G Event
23 Sep Submarine Networks Wold 2020
23 Sep China SDN/NFV/AI Conference
23 Sep Samsung Galaxy Unpacked event
28 Sep Open Networking & Edge Summit
28 Sep The Edge Event
29 Sep Micron Technology fiscal Q4
29 Sep Tech & Politics Forum by FT-ETNO
29 Sep VMworld
29 Sep ConnecTechAsia
::: More Calendar Items