(BFW) Yoigo Drops Out of Bid for Surplus Orange Assets, El Pais Says


BFW 07/09 05:29 *YOIGO DROPS OUT OF BID FOR ORANGE ASSETS: PAIS

Yoigo Drops Out of Bid for Surplus Orange Assets, El Pais Says
2015-07-09 06:15:42.334 GMT


By Maria Tadeo
(Bloomberg) -- Yoigo SA drops out of bid for surplus assets
that Orange will give up under terms of acquisition of Jazztel,
El Pais reported, without saying where it got the information
from.

* Yoigo argues assets aren’t good enough to bid for because
only 5% of them include fiber connection
* Masmovil is only bidder, continues to be interested in
acquiring Orange’s assets: Pais
* NOTE: Orange must sell certain assets in order to comply
with European rules to acquire Jazztel
* For story link, click on: Link

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To contact the reporter on this story:
Maria Tadeo in Madrid at +34-91-700-9624 or
mtadeo@bloomberg.net

To contact the editor responsible for this story:
Charles Penty at +34-91-700-9654 or
cpenty@bloomberg.net