The Orange and MásMóvil merger is set to bring job cuts and the elimination of smaller and low-cost brands. The companies combined manage up to 13 commercial brands, servicing some 30 million lines, both fixed broadband (over 7 million) and mobile (20.2 million) and pay-TV (1.5 million subs). The merger will bring a brand and […]
Orange Spain’s intention to merge its Spanish operations with MásMóvil in Spain will be neutral for the rating but will attract high EU competition and regulatory scrutiny due to resulting market consolidation, reports Fitch. Orange and MásMóvil have announced that they have entered into exclusive discussions to combine their businesses in Spain to create a […]
Telcos Orange and MásMóvil have confirmed they are in exclusive discussions to combine their businesses in Spain. The combination would take the form of a 50-50 Joint Venture, co-controlled by Orange and MásMóvil (LORCA JVCO) with a combined enterprise valuation of €19.6 billion. Valuations are attractive for both businesses, with Orange Spain’s enterprise value at […]
Sports streaming platform DAZN is planning to offer more subscription options in Italy, starting in time for the 2022/2023 football season. Instead of the single monthly fee of €29.99 (although many are still paying the promotional price of €19.99), there will be a wider tariff portfolio possibly based on the number of registered devices, streams […]
Telefónica and Meta (formerly Facebook) have partnered to launch Open2metaver – a Metaverse hub in Madrid – to develop Metaverse networks, services and apps with a global reach. The deal was announced during the Barcelona Mobile World Congress, with Telefónica inviting start-ups and developers “to benefit from (our) open innovation ecosystem as week as from […]
Sports streaming platform DAZN is already preparing for the next football season following the acquisition of La Liga rights and a potential shared content deal with Telefónica giving access to all matches. The company has appointed former Vodafone executive, Bosco Aranguren, as CEO in Spain (effective April 18th) as it hedges its bets on the […]
Spain’s largest private TV groups, Atresmedia and Mediaset, ended 2021 with healthy financial results – mainly due to the rise of ad revenues. Atresmedia’s profit amounted to €118.5 million, five times more than the previous year. Atresmedia’s turnover reached €963.3 million, up 11.2 per cent with its EBITDA growing 132 per cent to €172.5 million. […]
Movistar Plus has added a new Living App that allows subscribers to purchase products through Amazon, claiming it as a “pioneering service” in the country. Movistar subscribers, via their UHD STB, can gain access to over 20,000 products with immediate delivery. Once a product is selected, the purchase is completed through the mobile app or […]
Viaccess-Orca (VO), a global player providing OTT and TV platforms, content protection, and advanced data solutions, announced today that Spanish telecommunications provider Avatel is delivering its new OTT service with an end-to-end solution from VO, Ateme, and Optiva Media. The joint solution includes VO’s Service Delivery Platform (SDP), Multi-DRM, and Secure Video Player; encoding, origin […]
Spain’s pay-TV platform, Movistar Plus, has added Twitter’s Living app to its offer that will enable its subscribers to have access to a wide selection of videos from the social network. All UHD STB-equipped subscribers will be able to access Twitter videos divided into different categories like music, sports, technology, travel, culture, food, cinema and […]