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EC approves MasMovil, Orange deal; TeliaSonera revives Yoigo sale?
2015-10-20 13:14:16| IT Services - Topix.net
Swedish telecoms group TeliaSonera is resurrecting plans to sell its Spanish wireless unit Yoigo, in a deal that could fetch up to EUR500 million , Bloomberg reports, citing people with knowledge of the matter. TeliaSonera abandoned the divestment of its 77% stake in Yoigo in 2012, after offers for the cellco fell short of its expectations, but the Stockholm-based company is said to be reconsidering the sale of the operator after receiving interest from local telecoms operator MasMovil Ibercom and a number of unspecified private equity firms.
Tags: sale
deal
orange
approves
TeliaSonera considering EUR 500 mln sale of Yoigo - report
2015-10-20 09:25:00| Telecompaper Headlines
(Telecompaper) TeliaSonera is again considering the possibility of selling its 77 percent stake in Spanish mobile unit Yoigo after rival telecoms provider Masmovil Ibercom expressed an interest in acquiring Spain's number four operator, according to unnamed sources cited by Bloomberg. After nine years of activity in Spain, Yoigo still boasts over 3.4 million customers but its relatively low market share remains a concern to the Swedish parent company, which could raise around EUR 500 million from a sale of its stake, said the sources. Private-equity firms are also interested in the unit and may team up with Masmovil to push through the sale, added the sources. MasMovil has a long-held ambition to take over from Yoigo as Spain's fourth national integrated operator and recently acquired broadband assets from Jazztel that enable it to offer fibre services to around 720,000 households in Spain.
Yoigo sale back on the cards
2015-10-20 02:00:00| Total Telecom industry news
TeliaSonera reportedly receives interest from MasMovil, private equity firms for Spanish unit.
TeliaSonera Said to Revive Sale of Spanish Mobile Unit Yoigo
2015-10-19 19:41:16| Appliances - Topix.net
Teliasonera AB is reviving plans to sell its Spanish mobile-phone unit Yoigo SA after receiving interest from local telecommunications provider A sale of Yoigo could fetch about 500 million euros , the people said, asking not to be identified because the discussions are private. One or more buyout firms may bid alone, or by teaming up with Masmovil, the people said.
Tags: sale
mobile
unit
spanish
Adult Version of the Classic Little Tikes Car is Now for Sale
2015-10-19 19:38:06| Toys - Topix.net
The recognizable classic red and yellow Little Tikes car for toddlers is now available for adults. Two brothers, John and Geof Bitmead have created have made a street, adult size version of the car.
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