August 23, 2014 1:22 PM ET

Wireless Telecommunication Services

Company Overview of Xfera Móviles, S.A.

Company Overview

Xfera Móviles, S.A., also known as, Yoigo, S.A., a mobile company, operates mobile networks. The company was founded in 2000 and is based in Alcobendas, Spain. As of June 14, 2006, Xfera Móviles, S.A. operates as a subsidiary of TeliaSonera Aktiebolag (publ).

Avenida de la Vega, 15

Alcobendas,  28100

Spain

Founded in 2000

Phone:

34 911 31 52 00

Fax:

34 911 31 56 84

Key Executives for Xfera Móviles, S.A.

President and Director
Age: 42
Chief Financial Officer
Chief Technology Officer
Compensation as of Fiscal Year 2014.

Xfera Móviles, S.A. Key Developments

Yoigo Announces EUR 130 million Syndicated Loan to Fund 4G

Yoigo has signed a five-year syndicated loan agreement with three Spanish banks for EUR 130 million to fund its ongoing 4G network deployment. The Spanish mobile unit of TeliaSonera already has one of the most extensive 4G networks in the country and even has an agreement in place with Telefonica to offer Movistar customers mobile services on its network. Yoigo signed the loan agreement with the Spanish banks Banco Santander, Banco Sabadell and CaixaBank to continue investing in 4G technology and expand a network that covers all of the country's provincial capitals, as well as all cities with over 70,000 inhabitants.

TeliaSonera Sounding Out €700 Million Yoigo Sale

TeliaSonera Aktiebolag (publ) (OM:TLSN) has begun sounding out the interest of France Telecom España, S.A and Jazztel plc (CATS:JAZ) in acquiring its unit Xfera Móviles, S.A. (Yoigo), according to unnamed sources cited by El Economista. Before officially kicking off a sale process, TeliaSonera has held initial talks with representatives of Orange and Jazztel with a view to a possible transfer of assets. According to the sources cited by El Economista, that price for Yoigo has now declined significantly to the point that TeliaSonera would be satisfied with around €700 million, some nine times Yoigo's EBITDA for 2013.

Yoigo Reports Earnings Results for the First Quarter of 2014

Yoigo reported earnings results for the first quarter of 2014. For the period, the company reported in its net sales in local currency of 19.3% to the equivalent of SEK 1.81 billion. The fall was mainly due to reduced handset sales, which almost halved to SEK 385 million compared to the second quarter of 2013, with lower interconnect revenues and billed ARPU erosion also playing a part. EBITDA for the quarter inched up to SEK 198 million, compared to SEK 184 million in the April-June quarter of last year.

Similar Private Companies By Industry

Company Name Region
Telestant, S.A. Europe
Movilway S.L. Europe
Xfera Móviles, S.A. Europe
Teléfonos Virtuales Europe
France Telecom España, S.A Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Xfera Móviles, S.A., please visit www.yoigo.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.