The CEO of Vodafone has said that the operator could look to acquire small cable operators in Portugal to add to its mobile and fixed operations in the country.
Speaking in Lisbon, Vittorio Colao was quoted as saying that the telco would look at smaller…
The CEO of Vodafone has said that the operator could look to acquire small cable operators in Portugal to add to its mobile and fixed operations in the country.
Speaking in Lisbon, Vittorio Colao was quoted as saying that the telco would look at smaller cablecos which came up for sale, or otherwise would look to build fibre in their areas.
Any deal would be a continuation of Vodafone’s converged strategy, most recently seen across the border in Spain with the €7.2bn acquisition of cableco Ono.
Vodafone is the second largest mobile operator in Portugal after incumbent Portugal Telecom. However its position in the market has come under threat after number three player Optimus merged with cableco Zon Multimedia last year. Cabovisao, owned by multinational cableco Altice, is the largest independent cableco in the country.
