Vodafone has just deepened its investment in the Spanish market with the acquisition of Ya.com, an ADSL operator under the tutelage of Deutsche Telekom.
* The Spanish press states that Vodafone’s offer prevailed over that of other companies, including Orange – a subsidiary of France Telecom -, Telecom Italia, Telmex, among others, and that the final value of the deal should be fixed between 400 and 500 million euros.
With this acquisition, the British operator will expand its presence in the Spanish market by offering solutions quadruple-play – mobile, fixed, Internet and television communications. The expansion of the customer base is another benefit that the acquisition brings to Vodafone, since Ya.com has 400 thousand customers in Spain.
Deutsche Telekom bought Ya.com in 2000. In a short time, the operator ADSL became one of the main distributors of Internet access in the Spanish market. However, in early March, the German group said it would sell to Yah.com revealing that the deal was part of a plan to separate non-strategic assets.
This is Deutsche Telekom’s second deal in the same week, since last Thursday it sold Club Internet to Neuf Cegetel for around 500 million euros.
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