Telefonica, Masorange Said to Weigh Plans for Vodafone Spain

Telefonica SA and Masorange have held informal talks on a potential deal for Vodafone Spain, people familiar with the matter said, a move that could lead to further consolidation in the country’s telecom market.

One of the possible scenarios being explored would be to break up Vodafone Spain’s fixed-line and its mobile or enterprise operations, due to possible antitrust issues, the people said. MasOrange could also potentially take over Vodafone’s low-cost brand Lowi, one of the people said, asking not to be identified as the information is private.