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MasOrange and Vodafone join forces to create a new fiber company that will reach 11.5 million users in Spain


MasOrange and Vodafone join forces to create a new fiber company that will reach 11.5 million users in Spain



With the objective of Expand to more users and provide better service to more customers, MasOrange and Vodafone have signed a confidential and non-binding letter of intent to Share your fiber connections creating a joint venture that offers a better service. This new fiber society will offer access to more than 11.5 million users in Spain, whose name has been rumored to be Surf.

Geeknetic MasOrange and Vodafone join forces to create a new fiber company that will reach 11.5 million users in Spain 1

He signed agreement by both companies also intends Add a third investor to raise funds to reduce debt. The final value of the company is estimated to be between $1.500 and $2.500. 7 and 10 billion eurosbringing in up to 2 billion with the sale of this third part. Up to 4 million users will benefit from internet access under this new companywho will continue to receive their Internet access as before, since the new company will rent their lines to the corresponding operators.

Geeknetic MasOrange and Vodafone join forces to create a new fiber company that will reach 11.5 million users in Spain 2

An agreement in which MasOrange it would be the maximum owner of the company with a fifty% of the total and contributing 9 million fiber connectionsto which would be added the 3 millions contributed by Vodafone which would correspond to a 10%. Is left over 40% for the new owner from which they will obtain this economic benefit that will allow them to continue operating and improving the infrastructure to continue advancing and offering better connections to end customers.

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