Yoigo out of running to acquire Jazztel’s fibre infrastructure

10 Jul 2015

Yoigo, TeliaSonera’s Spanish subsidiary, has reportedly dropped out of the running to acquire the fibre network owned by alternative broadband provider Jazz Telecom (Jazztel).

As previously reported by CommsUpdate, in May 2015 the European Commission (EC) green-lighted Orange Group’s proposed acquisition of Jazztel, with the approval conditional upon the full implementation of a number of commitments that would ‘ensure effective competition on the fixed internet access services markets after the takeover’. Specifically, such measures included the divestment of an independent fibre-to-the-home (FTTH) network covering between 700,000 and 800,000 premises in 13 districts of the country’s five largest cities, in addition to granting the purchaser of this infrastructure wholesale access to Jazztel’s national ADSL network for up to eight years.

However, while Mas Movil and Yoigo were named as the two parties interested in acquiring the network in question, it is understood that the latter’s decision to withdraw from the race for the FTTH network was prompted by its lack of interest in the ADSL access to be offered to the winner.