Orange and Masmovil Receive Clearance for Joint Venture in Spain

Combined entity to serve over 7.3 million fixed customers, 30 million mobile service users, and 2.2 million TV customers.


  • Orange and MASMOVIL merge operations in Spain to form a 50-50 joint venture.
  • Focus on nationwide coverage in FTTH and 4G, 5G.
  • Transaction expected to conclude by Q1 2024, with continued independent operations until then.

Follow Us

Orange and Masmovil Receive Clearance for Joint Venture in Spain
Orange and MASMOVIL have today obtained clearance from the European Commission to combine their operations in Spain, forming a 50-50 joint venture (JV) co-controlled by Orange Spain and MASMOVIL (LORCA JVCO). This deal will create a single operator with the scale to invest in 5G and fiber, benefiting consumers and businesses across Spain. Orange said this transaction does not include TOTEM Spain and MASMOVIL Portugal.

Also Read: Masmovil Extends 5G Coverage, Now Available in 2,217 Spanish Localities

Nationwide Coverage and Infrastructure Investment

The combined operator would serve over 7.3 million fixed customers, over 30 million mobile service users, and over 2.2 million TV customers. Mobile services in Spain include prepaid, contract, and mobile broadband voice and data packages.

Financial Projections

The combined entity will manage network and IT assets to ensure nationwide coverage in FTTH and 4G/5G. Financially, the venture is projected to generate revenues exceeding EUR 7.4 billion, with an EBITDAaL of over EUR 2.3 billion and an enterprise value of EUR 18.6 billion.

Spectrum Divestment

As reported earlier by TelecomTalk, as part of the merger under a remedy package, 60 MHz of spectrum assets will be divested to Digi, pending approval from the Spanish Government, and an optional national roaming agreement at market conditions will be proposed.

Also Read: Digi Spain Officially Rolls Out 5G Services for All Customers

Orange commented: "Today's announcement is a crucial moment for the future development of the Group in Europe. Our proposed Joint Venture with MASMOVIL will create a single, stronger, and more sustainable player in Spain."

"All good things are worth waiting for! We are thrilled to assume a relevant role in the Spanish telecommunication sector," said MASMOVIL.

Orange and MASMOVIL plan to complete the transaction by the end of the first quarter in 2024. Until all closing conditions are met, both companies will continue to operate independently.

Also Read: Masmovil Group Fibre Network Reaches 29 Million Homes Passed in Spain


With its FTTH coverage in Spain, reaching over 29 million marketable households, and 3G, 4G, and 5G mobile networks covering 98.5 percent of the Spanish population, MASMOVIL employs a hybrid strategy combining its own infrastructure with that of third parties. MASMOVIL has also launched 5G services, now available in over 2,200 cities across Spain, serving close to 16 million customers by the end of the first nine months of 2023.

Reported By

Telecom Analyst

Passionately following the Indian #Telecom Industry for over a decade from Business, Consumer and a Technical perspective. My primary focus area is Consumer & Digital Experience.

Recent Comments

sudhakar35gm :

I am using BSNL fiber via Netlink HG323DAC modem since October 2020. Maximum 30 non continuous days happened till now.

Vodafone Idea Brings New Rs 19 Plan

sudhakar35gm :

Copy pasted article from the et telecom website.

How Big Will the Next Tariff Hike Be?


vodafone should not raise rates , as they onlyhave 4g.

Vodafone Idea Brings New Rs 19 Plan

Santosh Kumar Pal WB :

It's only good for Jio and Airtel users for their 5g smartphone but most people are 4g smartphone users in…

Jio Leads Wireline Subscriber Addition in February 2024: TRAI

Santosh Kumar Pal WB :

Jio and Airtel both lead in lndian telecom sector because of their expansion of FTTH broadband connection. Vi lost their…

Is Fixed Broadband the Next Big Opportunity for Telcos

Load More
Notify of
Inline Feedbacks
View all comments