Masmovil acquires business telco Neo, gaining 4G licence

24 Dec 2014

Spanish mobile virtual network operator (MVNO) Masmovil has acquired corporate-focused telco Neo, obtaining a 4G licence in the process, according to Telecompaper. Neo offers fixed, mobile, internet and cloud services in 25 municipalities of Spain and covers 80% of the Spanish business sector, as well as owning a 4G licence for the entire country; Masmovil has also been offered first refusal to access to the 3.5GHz frequency infrastructure belonging to Neo’s Sky unit. Financial details of the transaction have not been disclosed. TeleGeography notes that in March 2014 Masmovil merged with Spanish operator Ibercom, enabling the companies to integrate fixed and mobile voice and data services, targeting both residential and corporate markets.

Spain,Grupo MASMOVIL (incl. MASMOVIL Telecom and Yoigo), Neo-Sky,

Subscribe



Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share