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General

Vodafone to acquire Ono for EUR 7.2 bln

Monday 17 March 2014 | 08:36 CET | News
Vodafone has agreed to acquire Ono for a total consideration equivalent to EUR 7.2 billion (GBP 6 billion) on a debt and cash free basis. Via the acquisition of Ono, Vodafone seeks to accelerate its unified communications strategy in Spain, providing a significant time-to-market advantage and network reach that is complementary to Vodafone Spain's ongoing FTTH build programme.

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Categories: General
Companies: Ono / Vodafone Spain
Countries: Spain
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