Add-on Acquisition • Communications

Telefonica Acquires Telefonica Moviles S.A.

On July 28, 2006, Telefonica acquired communications company Telefonica Moviles S.A.

Acquisition Context
  • This is Telefonica’s 1st transaction in the Communications sector.
  • This is Telefonica’s 1st transaction in Spain.

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M&A Deal Summary

Date July 28, 2006
Target Telefonica Moviles S.A.
Sector Communications
Buyer(s) Telefonica
Deal Type Add-on Acquisition

Target Company

Telefonica Moviles S.A.

Madrid,, Spain
Telefonica Moviles, S.A. is a provider of wireless communications and related services and products.
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Buyer Overview 1

Buyer

Telefonica

Madrid, Spain

Category Company
Founded 1924
Sector Communications
Employees100,870
Revenue 41.3B EUR (2024)
DESCRIPTION

Telefonica is a telecommunications group that provides fixed and mobile telephony services through networks in Spain, Europe, and Latin America. Telefonica was founded in 1924 and is based in Madrid, Spain.


Deal Context for Buyer #
Overall 1 of 13
Sector: Communications 1 of 6
Type: Add-on Acquisition 1 of 8
Country: Spain 1 of 5
Year: 2006 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-04-30 Sistemas E Instalaciones De Telecomunicacion SA

Lugo, Spain

Sistemas E Instalaciones De Telecomunicacion SA is a provider of telecommunications infrastructure construction services in Spain, Argentina, Chile and Peru.

Sell $40M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-04 Manx Telecom

Braddan, United Kingdom

Manx Telecom is a telecommunications and internet provider offering a full range of fixed-line, mobile and data services to consumers and businesses. Manx Telecom was founde in 1987 and is based in Braddan, United Kingdom.

Sell £159M