EQT to sell Spanish telco Adamo to France’s Ardian
By
Biju Kumar
MADRID: Swedish private equity fund EQT said on Monday it had agreed to sell Spanish telecom provider Adamo to France’s Ardian Infrastructure for an undisclosed amount.
Barcelona-based Adamo provides landline, broadband and mobile services to around 250,000 subscribers with a focus on customers in rural areas, while its fibre network reaches around 1.8 million homes across Spain.