Masmovil (Lorca Telecom) : Consolidation rumours resurface
Rumours of consolidation of the Spanish telecoms market have resurfaced since the fall of 2020 and a couple of press articles on this topic have been published in the last days. They refer to potential discussions between Másmovíl and Vodafone about a merger between the Spanish operator, which has been taken private by PE funds KKR, Cinven and Providence in the later part of 2020, and the local unit of the UK group. In this report, we develop why the consolidation of the Spanish...Masmovil Ibercom SA. Masmovil Ibercom SA, formerly World Wide Web Ibercom SA, is a Spain-based company primarily engaged in the telecommunication sector. The Company focuses on the sale and distribution services for Internet, Data Center and Telecommunications. The Company's product and services portfolio comprises Internet access through Asymmetric Digital Subscriber Line (ADSL) and Symmetric Digital Subscriber Line (SDSL) technologies, Internet domains and Domains Management and Registration Service through IberDNS application, Web hosting, virtual servers, dedicated servers, telephony services and routers. The Company also offers collocation services through two Internet Data Centers located in Madrid and San Sebastian. It operates through subsidiaries, such as Embou Nuevas Tecnologias SL and Ebesis Sistemas SL, among others. The Company owns a number of brand names, such as Pepephone, Yoigo and Llamaya.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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