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Updated : Mar 19, 2018, 04:27 AM IST
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Britain's Vodafone has agreed
to buy Spanish cable operator Ono for 7.2 billion euros ($10.03
billion) in a deal that is set to be announced on Monday, a
person familiar with the matter told Reuters.
The purchase of private equity-backed Ono will be Vodafone's
third European fixed-broadband acquisition in two years as the
company seeks to improve its networks and shore up its European
businesses after the $130 billion sale of its U.S. arm.
Vodafone declined to comment.
