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Wireless

Spain's Masmovil paid EUR 11 mln to acquire Hits Mobile - report

Wednesday 20 May 2020 | 09:32 CET | News
Spanish telecommunications group Masmovil, the country's fourth largest network operator, paid a total of EUR 10.75 million to acquire Valencia-based MVNO Hits Mobile last year, according to documents seen by local business daily Cinco Dias. Hits Mobile added some 100,000 mobile customers to the growing customer base of the Masmovil group, which has since passed 9 million mobile and fixed line subscribers.

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Categories: Mobile & Wireless
Companies: Hits Mobile / Lebara / LlamaYa / Lycamobile / Masmovil / Pepephone / Yoigo
Countries: Spain
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