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Telefonica Reportedly Set To Announce Fiber JV With Vod Spain (Separate To VOD-Masorange JV)

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  • Europa Press reports that Telefónica and Vodafone Spain in advanced talks for a fiber optic joint venture, with an announcement expected alongside Telefónica’s H1 results.
  • The new JV will manage 3-4 million households, fewer than the 11.5 million in the separate Masorange-Vodafone deal.
  • Potentially positive on expanded footprint though not a spread mover given lack of details.

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