MásMóvil: a good example on the MAB, now calls a meeting to move from the MAB to the stock exchange
29/05/2017
Diego Gutiérrez
MásMóvil: a good example on the MAB, now calls a meeting to move from the MAB to the stock exchange
The company passed the €500M market capitalisation requirement in September, where it must remain for six months before it can switch from the MAB to the stock market. MásMóvil has already reached €600M in value. The company plans to make this leap in 2017, before the summer, after having delayed it on many occasions. If listed on the MAB, Masmovil would be the first MAB-listed company to make the leap to the continuous market.
Masmovil , formerly Ibercom, celebrates its 5th anniversary on the MAB, with a +1508% increase in share price

Five years ago, on 30 March 2012, Ibercom (now Masmovil) debuted on the MAB at a reference price of €3.92, raising €2.5M and with an initial capitalisation of €15.8M. Five years later and after having made several capital increases, Masmovil trades at a price of €59.15 and with a market capitalisation of €1,180.11.

The growth over the last year has been spectacular if we take into account that last September of 2016The shares of the fourth convergent operator have maintained since the beginning of the year an upward trend that has resulted in an increase in the share value of 95.1% compared to the 26.6 euros at which it ended 2016.

¿Cómo ha ayudado el Mab al crecimiento de Masmovil? Crecimiento mediante acquisitions

 

The history of MásMóvil Ibercom es una historia que engloba muy bien lo que te puede aportar ser una empresa cotizada en el MAB. Los primeros años  en el Mab no fue bueno para Ibercom, hasta que  se dio cuenta que si quería competir en el mundo de las telecomunicaciones tenía que crecer y el Mab le permitía tener liquidez para realizar las acquisitions. El salto claro de dimensión como empresa fue la adquisición o unión de fuerzas de Ibercom con MásMóvil creando el grupo MásMóvil Ibercom (en adelante Grupo MásMóvil), pero vinieron más acquisitions.

En el año 2016 Masmovil pasó de  tener medio millón de clientes de telefonía móvil a superar los 4,6 millones en la actualidad y convertirse en el cuarto operador móvil en España, tras Movistar, Orange y Vodafone. Esto lo consiguió mediante varias acquisitions.

 En Septiembre de 2016 compró Pepephone por €158M. Un mes más tarde, MásMóvil completó una nueva compra: el 100% de Xfera Móvil, matriz de Yoigo, por 612 millones.  Para llevar a cabo estas acquisitions Masmovil tuvo que realizar una ampliación de capital de €160M. En este 2017 ha comprado el operador móvil virtual LlamaYa.

As the integration process of the acquired companies is only in its initial phase. Once synergies are realised, there will be gains in market share, which should allow the value to continue to develop well.

Other posts that may interest you

What's on the Mab so far in 2017?

Clever global exits on Mab and grows 11% on its first day

Mab companies increase capital: Agile and Secuoya

Ezentis buys Chile's Tecnet to grow in the energy market

 

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