Spain’s fourth largest operator multiplay operator MásMóvil has increased its profit by 134 per cent to €444 million in 2022, mainly as a result of the sale of Euskaltel’s broadband network to Basque investors for €850 million. EBITDA stood at €1.19 billion, up 26 per cent. Revenues amounted to €2.89 billion, up 17 per cent, […]

Brussels has postponed its decision over the €19 billion merger between Orange and MásMóvil until April 3rd to have more time to study the deal. The EC is likely to reject the Spanish CNMC’s bid to take control of the case and instead launch its own high-level probe. In February both companies notified the EC […]

Spain’s regulatory body CNMC wants the final word on the merger between Orange and MásMóvil, and has asked Brussels to let them adjudicate. CNMC argues that the regulatory body has more knowledge of current market conditions, and asserts its competence to make a decision over the operation valued at €19 billion. The European Commission (EC) […]

Orange Spain has reported its total revenues fell by 1.5 per cent in 2022 to €4.47 billion with its retail revenues falling 1.9 per cent to €3.13 billion. EBITDA fell by 4 per cent to €1.11 billion with CAPEX experiencing a 9.15 per cent drop to €863 million. In the fourth quarter, however, total revenues […]

Spain: FTTH tops 13.4m FTTH take-up continues growing significantly in Spain. In a year, the number of FTTH lines grew by 1.1 million to over 13.4 million, according to the latest data from CNMC. In one month (August) it gained 79,514 lines. Movistar is the market leader with 37.1 per cent, 4.96 million of the […]

Jean-François Fallacher, CEO of Orange Spain, has said that the telco’s merger with MásMóvil should be approved without conditions, on the grounds that Spanish market is highly competitive, and that the operation will not have a negative impact on competition. The Spanish telco market currently has eight operators with revenues of over €100 million. “It […]

Amidst the merger process with MásMóvil, Orange Spain lost €414 million in 2021 versus €130 million of profit the previous year. Tougher competition with low cost offers and the cost of compensation following the dismissal of 400 workers are behind the financial performance. By contrast, MásMóvil had a net benefit of €189 million in 2021 […]

Pay-TV saw record subscriber numbers in Spain for the first quarter of the year with over 9.21 million, up 118,000 on the fourth quarter of 2021 and 646,000 more than the same period last year. According to the regulatory body CNMC, IPTV is the market leader for delivery with over 5 million subscribers, followed by […]

The current CEO of Orange Spain, Jean François Fallacher, will be the non-executive president of the new company formed by the Orange-MásMóvil joint-venture. They will set up a new company following the approval from the European and National authorities in the second quarter of 2023. The CEO of MásMóvil, Meinrad Spenger, will be the CEO […]

Sports streaming platform DAZN has closed an agreement with Spanish multiplay telco MásMóvil to distribute its service through different brands with which the MásMóvil Group markets its telecommunications services. Thanks to this agreement, customers of Yoigo, Virgin Telco, Euskaltel, R and Telecable will be able to contract DAZN directly with the operator and manage the […]