Spain Views

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Orange-JazzTel Deal View Plays Out

Orange's offer to acquire JazzTel would leave both businesses in a stronger position to capitalise on demand for converged services. Although the merger would dilute competitive choice, we believe...

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Pre-Crisis Growth Levels Unlikely

Spain's recovery will gather steam in 2014 and 2015, with exports remaining strong due to improving competitiveness. Consumer spending will also support growth, but a lack of progress on deleveraging...

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