Advanced Television

MásMóvil

Zegona favours Vodafone-MásMóvil merger

New Vodafone owner Zegona has suggested that MásMóvil resume the proposed integration between the pair – they were set to merge in 2021 and 2022 – if the merger with Orange ultimately fails, according to Expansión. Zegona considers that a possible Vodafone-MásMóvil merger would be much easier since it would not need authorisation from the […]

November 2, 2023From David Del Valle in Madrid

Orange Q3 revenue up 1.8%

Orange has reported that revenues for Q3 2023 were €10.99 billion, an increase of 1.8 per cent, or €194 million, year on year (compared with +2.6 per cent in Q2 and +2 per cent in H1). Revenue growth in the quarter was driven by retail services, which grew by 3.8 per cent, or €304 million […]

October 24, 2023

EC warns on Orange, MásMóvil merger

The European Commission is concerned that the merger between Orange and MásMóvil will reduce competition and increase prices. This is the preliminary conclusion of the probe carried out by the EC on the impact on the Spanish telco market. Now the companies may make submissions on how they will mitigate the impact, before the EC […]

June 27, 2023From David Del Valle in Madrid

EC defers Orange/MásMóvil merger decision

The European Commission has announced an extension of 10 working days to its in-depth investigation of the proposed creation of a joint venture by Spanish telcos Orange and MásMóvil. The Commission is concerned that the transaction may reduce competition in the retail supply of mobile and fixed broadband services as well as of multiple-play bundles […]

May 4, 2023By Colin Mann

Spain: MásMóvil broadband overtakes Vodafone

MásMóvil ended the year as the third largest broadband provider in Spain – ahead of Vodafone – according to the latest CNMC data. MásMóvil hit a penetration rate of 18.6 per cent, higher than Vodafone’s 17.5 per cent, which is now in fourth place. Telefónica is the market leader with a 34.1 per cent share […]

April 12, 2023From David Del Valle in Madrid

Portuguese antitrust probes Vodafone, Nowo deal

The Autoridade da Concorrência (AdC), Portugal’s Competition Authority, has launched an in-depth investigation into Vodafone Portugal’s acquisition of local quad-play provider Nowo, expressing competition concerns. The antitrust authority justified its decision with the fact that, “given the evidence so far, it cannot be excluded that the merger will significantly impede effective competition in the national […]

April 6, 2023From Branislav Pekic in Rome

EC probes Orange, MásMóvil merger

The European Commission (EC) has opened an in-depth investigation into the potential merger between Orange and MásMóvil on the grounds that the operation could lead to higher prices and affect the quality of services. Brussels will now have 90 working days (until August 21st) to conclude whether the combined operation would hinder competition. “The transaction […]

April 4, 2023From David Del Valle in Madrid

MásMóvil profit skyrockets

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, […]

March 14, 2023From David Del Valle in Madrid

EC poised for major probe of Orange, MásMóvil merger

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 […]

March 8, 2023From David Del Valle in Madrid

CNMC asks EC to leave Orange/MásMóvil decision to them

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) […]

March 6, 2023From David Del Valle in Madrid