Disqus
France Telecom’s CFO Gervais Pellissier said that they are likely to place an offer for the Spanish mobile network, Yoigo. During France Telecom’s recent financial results conference, Pellissier noted that Yoigo would be a small acquisition… “so it is probable that we will submit an indicative offer.”
Yoigo, which is the smallest mobile network in the country and one we use during our visits in Barcelona, has a 5.6% market share and is majority owned (76.56%) by Teliasonera.
The key issue in the acquisition would be Yoigo’s 3G license, which would likely have to be surrendered back to the regulator, since France Telecom’s Orange subsidiary already holds a 3G license in Spain.
Yoigo was awarded the country’s fourth mobile license in 2000 during the height of the 3G licenses bubble. Known at the time as Xfera, the company struggled to launch its network and after several shareholders sold their stakes to Teliasonera, the network launched in June 2006…
[Via: CellularNews]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
