The iliad Group, the France-based telco, has confirmed that it has submitted a proposal to Vodafone Group for the merger of iliad’s and Vodafone’s businesses in Italy through the creation of a new entity (‘NewCo’) which it says will “establish an attractive market offering centred around innovation, growth and unparalleled customer experience”. This offer benefits […]
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. […]
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 […]
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 […]
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 […]
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. […]
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 […]
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, […]
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 […]
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 […]