Spain: Yoigo – MasMovil merger will mean sharp blow to telecom sector, analyst finds
MásMóvil and Yoigo’s imminent merger is expected to cause a 4% drop in incomes for the Spanish telecommunications sector. This is the conclusion of tech consulting firm Altran’s report, which adds that the new entity is likely to “find it difficult” to compete against the three giants of Spain’s telecomm sector- Movistar, Vodafone and Orange. Altran’s report marks the move as an “interesting and special case” to investigate, prompting it to develop two alternate scenarios for Spain’s telecomm markets over the next year, varying on whether the merger goes ahead or not.
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