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Masmovil confirms FY20 and FY21 guidance, bidders secure EUR 2 bln loan

2020-07-03 12:14:00| Telecompaper Headlines

(Telecompaper) Spanish telecommunications provider Masmovil, the country's fourth largest network operator, has reiterated its full-year guidance for 2020 and 2021, taking into account the impact of the coronavirus epidemic on its business. In a filing with securities market regulator CNMV, the operator said it expected to achieve an adjusted EBITDA of EUR 570-600 million this year, with a margin of 30-32 percent, rising to EUR 670-700 million, with a margin of 32-34 percent in 2021.

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Category:Telecommunications

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