February 28, 2015 2:09 AM ET

Wireless Telecommunication Services

Company Overview of Xfera Móviles, S.A.

Company Overview

Xfera Móviles, S.A. operates mobile networks. The company was incorporated in 2000 and is based in Alcobendas, Spain. As of June 14, 2006, Xfera Móviles, S.A. operates as a subsidiary of TeliaSonera Aktiebolag (publ).

Avenida de la Vega, 15

Alcobendas,  28100

Spain

Founded in 2000

Phone:

34 911 31 52 00

Fax:

34 911 31 56 84

Key Executives for Xfera Móviles, S.A.

President and Director
Age: 42
Chief Financial Officer
Compensation as of Fiscal Year 2014.

Xfera Móviles, S.A. Key Developments

Yoigo Reports Sales Results for the Fourth Quarter and Full Year Ended December 2014

Yoigo reported earnings results for the fourth quarter and full year ended December 2014. For the quarter, the company reported sharp quarterly drop of 21.9% in net sales to the equivalent of SEK 2.03 billion. For the full year, the company reported net sales fell by 24.1% to the equivalent of SEK 7.56 billion, compared to SEK 9.47 billion in 2013.

Carlos Slim Is Reportedly Planning To Buy A Stake In Xfera

Carlos Slim, owner of America Movil S.A.B. de C.V. (BMV:AMX L), is reportedly planning to expand into the Spanish telecoms market by acquiring a controlling stake in Xfera Móviles, S.A. (Yoigo), Hispanidad reports. Yoigo is majority owned by TeliaSonera Aktiebolag (publ) (OM:TLSN). Previously, America Movil was said to be interested in bidding for Yoigo in 2012 but TeliaSonera dropped plans to sell its Spanish unit due to a disappointing market response.

Yoigo, Ericsson Sign New Managed Services Deal

Yoigo has reached an agreement with Ericsson to extend its managed services contract for a further three years. Under the terms of the deal, Ericsson will continue to provide all the tools, processes and engineers to ensure the optimal performance of Yoigo's mobile broadband network and the best possible service to its customers.

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