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Vodafone to buy Spain’s Ono in 7.2bn euro deal

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Vodafone has agreed to buy Spanish cable operator Ono for 7.2bn euros ($10bn; £6bn), in deal aimed at expanding its interests in Europe.

Vodafone

Ono, which is private equity owned, is Spain’s leading broadband company with 1.9 million customers.

Vodafone boss Vittorio Colao said the deal was “an attractive value creation opportunity”.

The deal comes just six months after Vodafone bought a controlling stake in German cable operator Kabel.

Agencies


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