trending Market Intelligence /marketintelligence/en/news-insights/trending/c1n_x_rDSoRPfgcOHObp2Q2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Portobello Capital to acquire BT's Spanish unit

Virgin Media-O2 Tie Up, EC Reversal on Three-O2 to Reboot Consolidation

COVID-19 Impacts Incumbent Telco Revenues In Western Europe

Disney+ Ditches Free Trials — Will Other Big Streamers Follow Suit?

COVID-19 Pandemic Likely To Cause US Telemedicine Boom

Portobello Capital to acquire BT's Spanish unit

As expected, British Telecom agreed to sell its Spanish managed ICT business to funds managed by private equity firm Portobello Capital Gestión SGEIC SA for an undisclosed amount.

The acquisition includes domestic network infrastructure assets, such as a 5,600-km optical fiber network, city fiber networks in Madrid and Barcelona, and three data centers.

The deal's closing is expected in the first half of 2020, subject to regulatory clearance.

The Spanish business will continue to be led by its existing management team after deal completion. BT will keep its presence in Spain through its Madrid and Barcelona offices, access points to its global network, and its cybersecurity operations center. The telco will retain access to the domestic infrastructure, with the Spanish business agreeing to resell BT's global products.

BT is selling its Spanish business, which provides networking services to about 600 major companies, as part of a restructuring of its global services division.