Vodafone Spain considering EUR1.2bn sale of fibre network, report says

30 Aug 2019

Vodafone Spain has sounded out potential buyers for its fibre-to-the-home (FTTH) network, Expansion reports, with industry sources valuing the telco’s fixed line assets at around EUR1.2 billion (USD1.3 billion). According to the report, Vodafone has already received indicative, non-binding offers for its fibre networks, with private equity funds and wholesale providers registering their initial interest. A company spokesperson told the news site that, while Vodafone is not proactively working on a sale, ‘possibilities are always being analysed and studied to find efficiencies and improve profitability’.

Spain, Vodafone Spain