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"Orange Spain has announced the acquisition of Simyo, a mobile virtual network operator (MVNO) which runs on Orange Spain's network. The financial terms of this deal have not been disclosed.\r\n\r\nWith this acquisition, France T\u00E9l\u00E9com, Orange's parent company, reports that Simyo &amp;quot;will continue to operate as an MVNO under its own brand and will remain hosted on Orange Spain's network.&amp;quot; France T\u00E9l\u00E9com believes that this acquisition &amp;quot;reinforces Orange's commitment in Spain and strengthens its position in the Spanish mobile market.&amp;quot;\r\n\r\nFrance T\u00E9l\u00E9com\u00A0was careful\u00A0to note that this change will not impact Simyo customers, and they will be able to &amp;quot;keep\u00A0their current tariffs and service conditions.&amp;quot;\r\n\r\nAs of September 2012, Orange's total mobile customer base in Spain has grown beyond 12 million subscribers. Previously Orange Spain was known as\u00A0Amena, before it was purchased in 2005.\r\n\r\nRecently, Orange invested in Lookout, a\u00A0mobile security firm."^^<http://www.w3.org/2001/XMLSchema#string>
<http://thenextweb.com/insider/2012/12/14/orange-spain-acquires-simyo-to-strengthen-its-position-in-the-spanish-mobile-market/>