This weekend, Orange and Másmovíl have announced that they are officially moving forward with their planned merger to create a 50:50 joint venture in Spain.
The deal values Orange Spain was valued at €7.8 billion and Másmovíl at €10.9 billion, giving the combined entity a market value of €18.6 billion.
The combined, converged operator would have roughly 7.1 million fixed line customers and 20.2 million mobile subscribers…
