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General

Vodafone-Masmovil merger 'more bluff than reality' - CEO

Wednesday 7 October 2020 | 09:14 CET | News
The chief executive of Spain's Masmovil, Meinrad Spenger, has moved to dampen rumours regarding the possible purchase of Masmovil by Vodafone to create the country's second largest operator as "more bluff than reality". Spenger told business daily Expansion that the operator is not in talks regarding any major corporate transaction, adding that a possible acquisition by Vodafone would be "not only unlikely, but also incompatible with the compliance rules of a multinational."

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Categories: General
Companies: Masmovil / Vodafone
Countries: Spain
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