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General

Telecable owners interested in acquiring Yoigo - report

Friday 13 November 2015 | 09:36 CET | News
Zegona, an investment vehicle set up by former Virgin Media finance director Eamonn O'Hare, is planning to further expand its presence in the Spanish telecoms market by bidding for TeliaSonera's Spanish subsidiary Yoigo, according to unnamed sources cited by business daily Expansion. Yoigo is currently Spain's fourth mobile network operator with a share of just over 6 percent of total service revenues and would be valued at between EUR 500-700 million, according to the report. The parties have discussed a possible deal but talks remain at a very early stage, said the report. Earlier this year

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Categories: General
Companies: Telecable / Telia / Yoigo
Countries: Spain
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