{"id":38827,"date":"2020-06-05T11:07:48","date_gmt":"2020-06-05T11:07:48","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=283344"},"modified":"2020-06-05T11:07:48","modified_gmt":"2020-06-05T11:07:48","slug":"orange-rubbishes-talk-of-rival-offer-on-masmovil","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/06\/05\/orange-rubbishes-talk-of-rival-offer-on-masmovil\/","title":{"rendered":"Orange rubbishes talk of rival offer on Masmovil"},"content":{"rendered":"

<\/p>\n

\tOrange dismissed reports it was preparing a counter offer for Masmovil, after a consortium of private investors made a \u20ac2.96 billion bid to acquire the Spanish operator earlier this week.<\/p>\n

A representative told Mobile World Live Orange is \u201cnot contemplating” joining the hunt for Masmovil, denying a report by El Economista stating the operator’s board was discussing a move.<\/p>\n

\u201cOrange has a privileged position in the telecoms sector in Spain and has the support of the Orange group to continue growing organically in the country\u201d, the representative said.<\/p>\n

Earlier this week, Masmovil co-founder and CEO Meinrad Spenger revealed the board approved of a \u20ac2.96 billion bid [1] by a consortium comprised of Lorca Telecom BidCo, Cinven Capital Management and KKR Associates Europe, believing their proposal would benefit shareholders and stakeholders.<\/p>\n

GSMA Intelligence figures placed Masmovil as Spain’s fourth-largest operator by connections at end-Q1, with 7.6 million. Orange Spain had 16.4 million, with Telefonica’s Movistar on 16.2 million and Vodafone Spain 13.5 million.<\/p>\n

In 2019, Masmovil dismissed rumours it was mulling a takeover [2] of Vodafone Spain.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/masmovil-board-backs-e3b-takeover-bid\/
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/vodafone-masmovil-rubbish-takeover-talks\/<\/p>\n\n

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Orange dismissed reports it was preparing a counter offer for Masmovil, after a consortium of …<\/p>\n

The post Orange rubbishes talk of rival offer on Masmovil<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":212,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Orange rubbishes talk of rival offer on Masmovil - ITTeacherITFreelance.hk","description":"Orange dismissed reports it was preparing a counter offer for Masmovil, after a consortium of ... The post Orange rubbishes talk of rival offer on Masmovil appe"},"footnotes":""},"categories":[11,8],"tags":[4050],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/38827"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/212"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=38827"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/38827\/revisions"}],"predecessor-version":[{"id":38828,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/38827\/revisions\/38828"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=38827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=38827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=38827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}