Telia Sells Spanish Unit Yoigo to Masmovil to Refocus on NordicsBy
Deals value Yoigo at $708 million as Masmovil buys out others
European telecom operators are pulling back to home markets
Telia AB agreed to sell its majority stake in mobile carrier Yoigo to Masmovil Ibercom SA, ending more than a decade of operations in Spain as the Swedish carrier refocuses on its home market in the Nordics and the Baltics.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.