Vodafone boosts fibre play in southern Europe

Vodafone this week closed the acquisition of private equity-owned Spanish cable operator Ono for which it paid €7.2bn. Ono offers high speed broadband and pay TV services in Spain and Vodafone said that the transaction will accelerate its unified communications strategy “in a highly converged European market”.

Vodafone confirms €7.2bn Spanish cable acquisition

UK-based operator Vodafone has announced the acquisition of private equity-owned Spanish cable operator Ono for €7.2bn. Ono offers high speed broadband and pay TV services in Spain and Vodafone said that the transaction will accelerate its unified communications strategy “in a highly converged European market”.

Ono moves to IPO but door still open for Vodafone say reports

Spanish Cable operator Ono has said it will press ahead with its planned IPO while continuing to engage with Vodafone over a possible acquisition, it has been reported. Citing two people “with knowledge of the matter”, news agency Bloomberg reported that Ono will slow preparations for the IPO, agreed at a board meeting on Thursday, to give Vodafone the option to up its previous bid, which was in the region of €7bn.