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Wireless

Spain's CNMC approves MasMovil's takeover of Yoigo

Wednesday 7 September 2016 | 11:14 CET | News
Spain's communications and competition regulator CNMC has approved MasMovil's acquisition of Yoigo without imposing any special conditions. "The CNMC applauds the entry of new mobile operators that help increase competition in the provision of retail mobile communication services," said the watchdog in a statement, adding that in its assessment it had taken into account the fact that MasMovil is a virtual operator without its own network in Spain. The regulator's decision comes after MasMovil outbid UK-based investment company Zegona to secure full control of Yoigo, buying both the 76.6

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Categories: Mobile & Wireless
Companies: Masmovil / Pepephone / Yoigo
Countries: Spain
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