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July 04, 2015 4:09 PM 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: 43
Chief Financial Officer
Compensation as of Fiscal Year 2015.

Xfera Móviles, S.A. Key Developments

Virgin Group Seeks Acquisitions in Xfera Móviles.

Virgin Group Holdings Limited has expressed an interest in acquiring TeliaSonera Aktiebolag (publ)’s Spanish subsidiary Xfera Móviles, S.A. The negotiations are being led by Juan Villalonga, former chairman and Chief Executive Officer of Telefonica, who now acts as business advisor to Virgin Mobile Latin America (VMLA) and is co-founder of the investment fund Emergent Telecom Ventures. Xfera Móviles declined to comment on Virgin's potential interest in Xfera Móviles. When TeliaSonera sought to dispose of its Xfera Móviles stake in 2012, it failed to attract bids matching its €1 billion valuations from interested companies such as Vodafone and Orange.

Orange In Talks To Sell Fiber Assets

Orange (ENXTPA:ORA) has begun talks with several potential buyers for parts of Jazztel plc (CATS:JAZ) fiber network. Nicolas Laederich, an executive who handles regulatory affairs and competition issues for Orange, said that the company would sell about 720,000 fiber connections that Jazztel had installed in five cities including Madrid, Barcelona and Valencia. "We have already had contacts with several interested parties," the executive said by telephone, declining to give specifics. Potential buyers for the fiber assets could include Xfera Móviles, S.A. or regional cable companies such as Euskaltel, S.A. and R which are both owned by private equity funds. Masmovil Ibercom, S.A. (CATS:MAS), which already rents capacity on Orange's network, could also be a good fit.

Yoigo Announces Earnings Results for the First Quarter of Fiscal 2015

Yoigo announced earnings results for the first quarter of fiscal 2015. For the quarter, the company announced a 7.3% fall in net sales to the equivalent of SEK 1.85 billion, with its parent company TeliaSonera attributing the decline to lower voice and messaging revenues resulting from ongoing price erosion. EBITDA increased to SEK 93 million in the first quarter, compared to a negative SEK 84 million in first quarter of 2014 due to lower subsidies and commissions as well as cost saving activities.

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