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Wireless

Telia, Zegona no longer in exclusive talks over Yoigo

Tuesday 31 May 2016 | 14:43 CET | News
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Telia has ended the exclusive negotiations with Telecable owner Zegona over the sale of its controlling stake in Spanish mobile operator Yoigo, reports Expansion. Although the talks remain ongoing, the exclusivity period started on 18 March is no longer in place, potentially opening the way for other interested parties such as MasMovil, which has tabled a USD 550 million bid for Telia's 77 percent stake. Zegona is an investment vehicle set up by former Virgin Media finance director Eamonn O'Hare, which last year acquired regional broadband operator Telecable. However, its attempt to acquire

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