0
General

Masmovil buys rural operator Ahi+ for EUR 115 mln - report

Wednesday 16 December 2020 | 10:10 CET | News
Spanish telecommunications provider Masmovil, the country's fourth largest network operator, has closed the acquisition of regional operator Ahi+ for around EUR 115 million, reports business daily Expansion. Ahi+ is a grouping of 18 local operators in small towns and rural parts of Extremadura, Castilla-La Mancha, Andalucia and Valencia and has been using Masmovil's network since its inception in 2016. The acquisition is Masmovil's first major corporate transaction since its takeover by the Lorca Telecom consortium of buyout funds KKR, Cinven and Providence.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Ahi+ / Masmovil
Countries: Spain
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Masmovil offering over EUR 90 mln for rural operator Ahi+ - report

Published 08 Dec 2020 09:01 CET | Spain
Spanish telecommunications provider Masmovil, the country's fourth largest network operator, has offered EUR 90.4 million to ...

Masmovil adds over 500,000 clients in Q3, profits up 27% to EUR 152 mln

Published 23 Nov 2020 16:01 CET | Spain
Spanish telecommunications provider Masmovil, the country's fourth largest network operator, reported service revenues up 20 ...

Spain's Ahi+ revamps plans, offers up to 80GB a month of data

Published 04 Nov 2020 09:44 CET | Spain
Spanish regional operator Ahi+, operating mainly in rural locations throughout the country, has announced a wide-ranging revamp ...

CNMC clears Masmovil's EUR 372 mln acquisition of Lycamobile Spain

Published 08 Jun 2020 09:55 CET | Spain
Spain's communications and markets watchdog CNMC has approved the Masmovil group's acquisition of MVNO Lycamobile Spain without ...

KKR, Cinven, Providence launch EUR 3 bln bid to take over Masmovil

Published 01 Jun 2020 09:14 CET | Spain | Update: 01 Jun 2020 10:51 CET
Three buyout funds have launched a joint bid to take over Spanish telecommunications provider Masmovil, the country's fourth ...