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TeliaSonera, Zegona confirm exclusive Yoigo talks

2016-03-18 01:00:00| Total Telecom industry news

Swedish operator negotiating the sale of its Spanish mobile business to U.K. investment firm.

Tags: confirm exclusive talks teliasonera

 

Zegona offers over EUR 500 mln for Yoigo - report

2016-03-14 10:06:00| Telecompaper Headlines

(Telecompaper) UK-based investment fund Zegona has offered over EUR 500 million for the 77 percent stake in Spanish mobile operator Yoigo owned by TeliaSonera, according to unnamed sources cited by business daily Expansion. The bid is some EUR 60-65 million higher than that offered by Spanish operator MasMovil, added the sources, after both companies responded to an invitation from TeliaSonera to bid for its controlling stake in Spain's fourth largest mobile operator. 

Tags: report offers eur mln

 
 

UK firm frontrunner to buy Yoigo with 500m bid

2016-03-14 01:00:00| Total Telecom industry news

Zegona believed to have tabled higher offer than Masmovil, leaving the way clear for it to hold talks with TeliaSonera.

Tags: buy firm bid 500m

 

TeliaSonera preparing EUR 600 mln Yoigo sale - report

2016-02-26 09:31:00| Telecompaper Headlines

(Telecompaper) TeliaSonera has signed up Deutsche Bank to prepare the sale of its 77 percent stake in Spanish mobile unit Yoigo, according to unnamed sources cited by business daily Expansion. The report adds that TeliaSonera expects to receive bids of around EUR 600 million in the coming weeks, with rival operator Masmovil Ibercom and Zegona, the investment vehicle that last year acquired regional broadband operator Telecable, said to be most interested in Spain's number four operator. After nine years of activity in Spain, Yoigo still boasts over 3.4 million customers but its relatively low market share of just over 6 percent remains a concern to the Swedish parent company.

Tags: report sale eur preparing

 

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

 

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