Vodafone Spain is finalising an agreement with streaming service DAZN to again offer La Liga football, six years after dropping this content in favour of cinema and TV series due to the high cost for TV rights, according to El Independiente. With the move, Vodafone would broadcast five matches from La Liga every week to […]
Following the UK fund Zegona’s takeover of Vodafone Spain, trade unions fear a massive wave of job cuts affecting up to half of its 4,000 workers. Zegona is looking to mimic MásMóvil which, with just 2,000 workers, is producing firm results – and also the example of Euskaltel. Vodafone’s financial results show that revenues fell […]
Zegona has entered into binding agreements with Vodafone Europe for the acquisition of 100 per cent of Vodafone Spain for €5 billion. Zegona says it will fund the acquisition through a combination of new debt, Vodafone Financing and a new equity raise: – Zegona has entered into committed debt financing of €4.2 billion and a […]
British telco investment company Zegona is negotiating with Vodafone of the acquisition of Vodafone Spain in an operation valued at over €5 billion. A possible deal would be subject to agreement on final terms and funding as well as a due diligence. According to Expansion, Zegona was seeking financing for a bid for all or […]
Vodafone Spain suffered a 8.7 per cent fall in revenues in the third quarter of the fiscal year (October-December 2022) to €858 million; the telco also saw a loss of customers across all businesses – mobile, broadband and convergent packages. The reasons for the poor financial performance, according to the company, are the competitive nature […]
Three years after it had given up on offering La Liga football, Vodafone Spain will this season broadcast all matches from La Liga Smartbank – the La Liga’s second division. It will distribute the content with its sports package (Pack Deportes) at €5 a month including all second division matches. Subscribers will be able to […]
Vodafone Spain has integrated Mediaset-owned OTT platform, Mitele, into its offer allowing its subscribers to have direct access to its content. Mitele provides live TV and VoD content from Tele 5, Cuatro, Energy, FDF, Dvinity, BeMad and Boing through 4K and 4K Pro STBs and other devices compatible with the app (including Android, iOS, Fire […]
The CEO of Vodafone, Nick Read, said during a conference call with analysts that it is in active talks with other operators over possible consolidation moves in Spain, Italy, UK and Portugal. All options are open: a merger, a joint venture or a sale of the company. Speculation on a possible merger with MásMóvil are […]
Vodafone Spain has reduced the number of affected workers within its redundancy plan to 467 from the initial 515 in an attempt to reach an agreement with trade unions. The company is also open to outsourcing its 34 stores – set to be closed down – affecting some 237 employees. The telco announced this second […]
New nationwide TV channel, 7NN, has begun transmissions in Spain, coinciding with Hispanic Day. Distributed via DTT, streaming and Vodafone TV, the channel, led by Marcial Cuquerella, former director of Intereconomía, will air 24/7 news claiming to be the alternative (‘La Alternativa’) to existing TV channels. 7NN plans to reach 70 per cent of the […]