More
    HomeFinancial/RegulationMasorange, Vodafone Spain reportedly exploring forming single mobile JV

    Masorange, Vodafone Spain reportedly exploring forming single mobile JV

    -

    Three weeks ago the two formed Europe’s largest fibre network operator

    The Spanish newspaper Expansion reports that Masorange and Vodafone Spain are exploring the possibility of forming a mobile joint venture. The newspaper says this would result in “multimillion-dollar synergies in towers, equipment, transmission and workforce,” and make an attractive proposition for a financial partner should the partners wish to sell a stake.

    At the start of this month, the two Spanish operators announced a new, joint fibreco which they say is the biggest in Europe. This followed the two setting up a fibre joint venture in summer 2024.

    Vodafone Spain is controlled by the British financial group Zegona after it acquired the business and assets from the Vodafone Group last May for €5 billion. Masorange came out of the merger between MasMovil and Orange Spain in March 2024.