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Telecomunicaciones y tecnología

Vodafone to buy Spain's Ono for 7.2 billion euros: source


    (Reuters) - Britain's Vodafone has agreed to buy Spanish cable operator Ono for 7.2 billion euros ($10.03 billion) in a deal that is set to be announced on Monday, a person familiar with the matter told Reuters.

    The purchase of private equity-backed Ono will be VODAFONE (VOD.LO)s third European fixed-broadband acquisition in two years as the company seeks to improve its networks and shore up its European businesses after the $130 billion sale of its U.S. arm.

    Vodafone declined to comment. ($1 = 0.7181 euros)

    (Reporting by Kate Holton in London and Richa Naidu in Bangalore)