Avatel reportedly to pay €1 billion for Lyntia Access
Spanish fibre operator Avatel is close to agreeing a €1 billion deal for rival player Lyntia Access, according to sources.
Spanish fibre operator Avatel is close to agreeing a €1 billion deal for rival player Lyntia Access, according to sources.
Three EU countries have made fresh calls that big tech firms such as Google, Meta and Netflix should help pay for European network infrastructure, according to Reuters.
Spanish telecoms group Telefónica tentatively raised its full-year financial guidance following a respectable Q2 2022 performance.
Orange and MasMovil have agreed to merge their operations in Spain via a multi-billion-euro deal that will test the willingness of European regulators to accept in-market consolidation.
Spain has a new wholesale FTTH provider after incumbent Telefónica agreed to sell a €1 billion chunk of its rural fibre business to a consortium led by Crédit Agricole’s insurance arm.
Spanish operator group Telefónica is looking to space to help it offer seamless NB-IoT coverage in those hard-to-reach places.
Spain has opened a consultation into the planned award of up to €250 million in funding for 5G fibre backhaul as part of its broader 5G coverage strategy.
Spanish telco group Telefonica is getting into the solar self-consumption game through a joint venture with compatriot Repsol.
The Spanish government plans to award €150 million in funding to passive infrastructure companies willing to support the rollout of 5G in areas with poor mobile data coverage.
The Spanish government has approved plans to spend more than €12 billion of public money on the manufacture of semiconductors.
After feeding off scraps of speculation about M&A in Spain for more than a year, Orange and Masmovil on Tuesday finally served up something substantial.
French telecoms group Orange hit its targets for the full year but a closer look at the numbers shows it’s still not having an easy ride in its home market, nor in neighbouring Spain.
Spain has set out a series of proposals to ensure that 5G mobile services do not affect terrestrial TV reception and putting the onus on telecoms operators to keep viewers in the loop.
Iliad has reportedly made a takeover bid for Vodafone’s Italian unit, while Orange is exploring the possibility of a merger with MasMovil in Spain, according to the industry rumour mill.
New rules in Spain means crypto currency promotions targeting over 100,000 people will need to be approved by the Spanish National Securities Market Commission ten days before deployment.
Spanish fibre operator Lyntia is reportedly up for sale at a value estimated to be in the region of €4 billion.
Telefonica is reportedly looking to lose around 3,000 staff from its payroll in Spain by offering a new redundancy plan to employees of a certain age and career longevity.
Telefónica turned in a solid performance in the third quarter of this year, buoyed by its German unit and businesses in Latin America, but all is not rosy at its domestic operations.
French operator group Orange has placed its passive infrastructure assets into a new company called Totem so it can flog access to other telcos.
Spain’s telecom regulator has lifted fibre access regulations in a large swathe of the country and is looking ahead to the possibility of an entirely rule-free set-up in just a few years.
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