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Home > Company Index > Telecommunications > Wireless Communications Services > Airtel Móvil, S.A.
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Airtel Móvil, S.A. |
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NEWS FROM THE STANDARD |
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BT to Retreat From Japan
May 01 2001 08:18 AM PDT
BT to Sell JT, Airtel Stakes to Vodafone
May 01 2001 07:14 AM PDT
PROFILE |
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Spain's second-largest mobile phone group, Airtel Móvil was one of the first to challenge incumbent carrier Telefónica and its market-leading Telefónica Móviles unit. Airtel began offering wireless services over its GSM (global system for mobile communications) network in 1995, when it won a mobile license in Spain's second auction. The company plans to roll out third-generation (3G) services over UMTS (Universal Mobile Telecommunications System) networks in 23 cities in Spain. Besides mobile telephony, the company offers fixed-line services, Internet access, and portal Navegalia.com. Mobile phone giant Vodafone owns 92% of Airtel.
COMPETITION |
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Retevisión S.A. (dossier)
Telefónica Móviles, S.A. (TEM)
DEALS |
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Deal: Vodafone Buys Out BT's Share of Japan Telecom, Airtel and J-Phone
Date Announced: 05.02.01
Value of transaction (US $Mil): 6900
Description: Wireless communications company buys out British telco's interests in Japanese telco, Spanish wireless operator and wireless operating company network, increasing its stake in each to 45%, 91.6% and 46%, respectively.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 2,055.30
Employees: 3,774
Revenue per employee: $544,594.59
KEY PEOPLE |
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José Manuel Entrecanales Domeq
CEO
Phillip Payne
CFO
CONTACT INFO |
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Avenida de Europa, 1
28108 Alcobendas Madrid, Spain
Phone: 34-607-13-33-33
Fax: 34-607-13-29-58
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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