Yoigo says on course for 10% market share by 2015

30 Apr 2009

Spanish mobile operator Xfera Moviles (Yoigo), a subsidiary of TeliaSonera, has said it is on course to claim a 10% share of the market by 2015, Reuters reports. The cellco claims that its subscriber growth will be driven by customers looking for low tariff deals, and it has been specifically targeting recession-hit users with cheap flat-rate per-minute deals. The company has also revealed that it expects to achieve a positive cashflow by 2012. Yoigo’s 3G W-CDMA network currently covers around 51% of the population, although it has network sharing agreements with Vodafone Spain, Orange Espana and Telefonica Moviles Espana for roaming in areas where it has no network presence. The cellco expects to expand to 55% coverage by end-2009.

Spain, Xfera Moviles (Yoigo)