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GIC takes 25% stake in MásOrange and Zegona’s new Spanish FiberCo
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Vodafone España announced on August 4 that, together with MasOrange, they had chosen the partner who would become part of Surf, their joint fiber company. Now the Zegona group talks about a financial incentive that will please shareholders and that will be announced in the coming months. The good time for Vodafone España is materializing with positive news for the operator at all levels. They have not only improved their results in departments s…
Zegona, the British financial group that owns 100% of Vodafone Spain, has achieved great success with the entry of GIC, the sovereign fund of Singapore, in the capital of Surf, the internal name with which is known the project of the fiber optic company wholesaler that has created Vodafone in alliance with Masorange. Read
GIC takes 25% stake in MásOrange and Zegona’s new Spanish FiberCo
News The joint venture’s fibre-to-the-home (FTTH) network will span 12.2 million premises, making it one of the largest networks in Europe This week, Singapore sovereign wealth fund GIC has agreed to purchase a 25% stake in MásOrange and Vodafone Spain’s upcoming fibre network joint venture, internally known as ‘Surf’. Vodafone Spain and MásOrange announced the creation of the joint venture in January. The business, estimated to be worth €8–10 b…
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