LONDON: Zegona Communications plc (LSE: ZEG) announced Vodafone ONO, S.A.U. (Vodafone Spain) and Telefónica de España, S.A.U. have today signed a binding contract to create a new fibre network company in Spain. Earlier this year, Zegona announced it had signed non-binding agreements to create FibreCos with both Telefonica and MasOrange and a non-binding agreement for…
All posts tagged Vodafone Spain
Vodafone Spain and MasOrange agree terms to create a joint fibre network company
LONDON: Zegona Communications plc (LSE: ZEG) announced Vodafone ONO, S.A.U. (Vodafone Spain) and MasOrange have signed a confidential non-binding term sheet setting out the proposed key terms for a national network sharing agreement. The proposed transaction will involve Vodafone Spain and MasOrange creating a joint fibre network company. This will cover approximately 11.5 million premises…
Marwyn Value Investors Limited invests in Zegona’s acquisition of Vodafone Spain
LONDON, UK: Marwyn Value Investors Limited (MVIL) has announced that its funds managed by Marwyn Investment Management LLP have participated in a €300 million (£262 million) equity placing by Zegona Communications Plc, a notice said. Zegona is a company that follows a ‘Buy-Fix-Sell’ strategy in the European TMT sector. Zegona has recently agreed to buy…
Zegona Communications to acquire Vodafone Spain for €5.0 billion
LONDON, UK: Vodafone Group Plc has entered into binding agreements with Zegona Communications plc in relation to the sale of 100% of Vodafone Holdings Europe, S.L.U. (Vodafone Spain). On completion, Vodafone’s consideration will comprise at least €4.1 billion in cash and up to €0.9 billion in the form of Redeemable Preference Shares (RPS) which redeem,…
Vodafone Spain acquires 5G spectrum for €350 million
LONDON, UK: Vodafone Spain has acquired 2×10 MHz of spectrum in the 700 MHz band from the Spanish Ministry of Economic Affairs and Digital Transformation (‘MINECO’) for €350 million. The total amount will be payable in a single instalment following the conclusion of the auction process. In addition, a licensing fee of €15.5m will be…
Colman Deegan becomes new CEO of Vodafone Spain
LONDON: On 1 November Colman Deegan will become the new CEO of Vodafone Spain and will join the Vodafone Group Executive Committee. Vodafone announced today that Antonio Coimbra will step down from his current executive role as CEO of Vodafone Spain effective 1 November. On the same day, he will be appointed as Non-Executive Chairman…