More suitors challenge Telefónica for potential Avatel buy — report

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Source: Avatel Telecom

Investors Inveready and PAI Partners reportedly looking to buy fixed network operator, valued at around €550m. Telefónica and stc Group among others vying for the operator to advance Spanish fixed strategies.

This article includes:

  • Organisations: Avatel Telecom; Banco Santander; Digi Spain; HIG Capital; Lyntia Access; MásOrange; Orange Spain; PAI Partners; Searchlight Capital; stc Group; TAWAL; Telefónica España; Telefónica Group; United Group; Vodafone Spain; Zegona Communications.
  • People: Ángel Vilá.
  • Themes: Artificial intelligence (AI); Broadband; Cloud; Digital infrastructure; Infrastructure; Investments; Mergers and acquisitions (M&A); Private equity; Sustainability; Technology; Wholesale.
  • Geographic: Europe; Spain.

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