Advanced Television

Vodafone

Zegona wants García to run Vodafone Spain

UK’s Zegona is reportedly negotiating with MásMóvil over the appointment of José Miguel García as CEO of Vodafone Spain, according to El País. The former CEO of Euskaltel, García signed a non-competition agreement with MásMóvil when it acquired Euskaltel, whereby García cannot take an executive role in a rival operator until the end of 2024. […]

November 16, 2023From David Del Valle in Madrid

Vodafone Spain: Massive job cuts

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 […]

November 14, 2023From David Del Valle in Madrid

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

Zegona acquires Vodafone Spain for €5bn

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 […]

October 31, 2023

Vodafone offers $5 flat rate for IFC

Vodafone is offering travellers a $5 per day for ‘all you can eat’ connectivity while in the air. The telco has struck deals with a large number of airlines and the fee covers what Vodafone describes as “airline roaming” for international flights. Vodafone says its satellite-based services will offer “3G like” download and upload speeds. […]

October 30, 2023By Chris Forrester

Ofcom: BT, Virgin draw most pay-TV complaints in Q2

Media regulator Ofcom has published its latest complaints figures for broadband, landline, mobile and paid-TV services, covering the period from April to June 2023. Vodafone is the most complained about broadband provider, with 24 complaints per 100,000 customers, mainly driven by experience with faults, service and getting services connected. This is an increase compared with […]

October 19, 2023

Spain: Telcos demand EU merger flexibility

Spain’s three largest telcos – Telefónica, Vodafone and Orange – have urged the EU for a more flexible legal framework that eases mergers in order to face the substantial investments needed in the sector. In a conference organised by El Economista, the president of Telefónica Esoaña, Emilio Gayo, said that the current legislation “is obsolete, […]

October 16, 2023From David Del Valle in Madrid

CMA consults on Vodafone/Three merger

The UK’s Competition and Markets Authority (CMA) is providing an early opportunity for interested third parties to comment on the impact that the proposed merger between mobile telcos Vodafone and Three could have on competition in the UK, in advance of launching a formal investigation once it has received the information it needs from the […]

October 11, 2023By Colin Mann

Mobile operators set out 6G position

Mobile industry forum the NGMN Alliance has published the 6G Position Statement: An Operator View, suggesting it guides a course for the future of communication networks by taking a proactive stance and emphasising the needs for a new paradigm for graceful evolution and successful value creation and delivery. “Our publication provides a clear statement of […]

September 27, 2023By Colin Mann

UK’s Zegona eyes Vodafone Spain

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 […]

September 22, 2023From David Del Valle in Madrid