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COMMUNICATIONS: MasOrange and Vodafone Spain Sign Binding FibreCo Contract

COMMUNICATIONS

ORAFPTEFP 

Slight positive for Orange on a stronger position for MasOrange (they own 50%); more neutral for Telefonica as the JV is a combo of existing connections that won’t overlap much with Telefonica’s offering. Telefonica already has plans for a smaller fibre JV with Vodafone Spain while the two have renewed wholesale access agreements.

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ORAFPTEFP 

Slight positive for Orange on a stronger position for MasOrange (they own 50%); more neutral for Telefonica as the JV is a combo of existing connections that won’t overlap much with Telefonica’s offering. Telefonica already has plans for a smaller fibre JV with Vodafone Spain while the two have renewed wholesale access agreements.

Keep reading...Show less