Telefonica has expressed willingness to explore potential partnerships with Vodafone regarding fiber networks in Spain, as stated by a senior official on Thursday.
According to a company spokesperson, Chief Operating Officer Angel Vila stated on Thursday that the Spanish firm is “open and prepared”. This confirms a report by Bloomberg.
Read more: Spain Probes Telefonica Over Formula 1 TV Rights
Margherita Della Valle, the new CEO of Vodafone, is facing pressure to make changes to the company, which operates across Europe and Africa and has experienced underperforming shares.
The company is looking for ways of divesting its assets in Spain. However, due its significant presence in the country, any sale made to competitors would encounter challenges related to antitrust regulations.
Featured News
EU Extends Support for Farms and Fisheries Amid Market Disruptions
May 5, 2024 by
CPI
Sony and Apollo Bid $26 Billion for Paramount Acquisition
May 5, 2024 by
CPI
Goldman Sachs Resolves Decade-Old Metal-Rigging Class Action Lawsuit
May 5, 2024 by
CPI
Italian Antitrust Ruling Puts Halt on Intesa Sanpaolo’s Fintech Ambitions
May 5, 2024 by
CPI
Google Antitrust Case: Closing Arguments Conclude
May 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI