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Masmovil closes Pepephone acquisition

Connectivity BusinessbyConnectivity Business
September 15, 2016
in Investments, Space Services
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Spanish MVNO Masmovil has completed the purchase of local rival Pepephone, it said in a statement. In April, it agreed to buy the company for €158m (US$179m) saying the transaction would allow it to double its mobile subscriber base to one million and it expected its pro forma revenues for 2016 to exceed €200m (US$226m) and forecast an EBITDA margin of […]

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Tags: EuropeGrupo Atento (Investment consultants)JazztelJHG InvestmentMasmovilMovistarOrangePepephonePremiumTelefónicaTeliaTF249YoigoZegona
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