Size of Yoigo remains a problem - TeliaSonera

Wednesday 26 February 2014 | 10:52 CET | News
TeliaSonera announced at Mobile World Congress that its Spanish mobile subsidiary Yoigo, the fourth largest mobile network operator in the local market, has reached 4 million subscribers. However, TeliaSonera CEO Johan Dennelind told Reuters during the event that the company remained too small to compete effectively in Spain. "Being number four with a 7 percent market share in a converged market… is not great for long-term profitability or sustainability," he said, adding that "we need to find a way to move Yoigo to a sustainable position." TeliaSonera has a 76.6 percent stake in Yoigo, and

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.


Already registered?

Categories: Mobile & Wireless
Companies: Telia / Yoigo
Countries: Spain
::: add a comment
This article is part of dossier


Add comment

Please login or register to leave a 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.


Carlos Slim examining acquisition of Spain's Yoigo - report

Published 19 Jan 2015 08:34 CET | Spain
Mexican billionaire Carlos Slim, owner of America Movil, is examining the possibility of expanding into the Spanish market ...

Yoigo to introduce smartphone leasing on 05 March

Published 26 Feb 2014 16:14 CET | Spain
Spanish mobile operator Yoigo announced that it will introduce what it described as 'car-style' leasing deals on a range of ...

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 ...

Spanish Mobile Operators Q3 2013- excel

Published 20 Jan 2014 15:39 CET | Spain
This EXCEL sheet provides all important available KPIs from all mobile network operators in the Spanish market. MNOs covered are ...

Spanish telecoms revenues down 5.5% to EUR 8.1 bln in Q2

Published 29 Oct 2013 10:37 CET | Spain
The Spanish telecommunication sector generated revenues of EUR 8.1 billion in Q2, a 5.5 percent year-on-year drop, according to ...

Yoigo's growth stalls with 1.1% rise in net sales in Q3

Published 17 Oct 2013 12:52 CET | Spain
Spanish mobile operator Yoigo reported a third-quarter net sales increase in local currency of 1.1 percent to the equivalent of ...