euro news_news 24/04/2014 12:19 Page 2
Vodafone buys ONO for €7.2bn
odafone has agreed
to acquire Spanish
cable MSO ONO for
€7.2 billion. Final
completion of the
transaction is subject to the
approval of the relevant
competition authorities. The
deal came soon after ONO’s
shareholders gave their
approval to an IPO of the
company, which now will be
dropped.
The new Vodafone will have a
share of 21% in the Spanish
broadband market, with around
2.4m users and 26% in mobile
with 13.5m m