Driver FixRecommendedSound, Wi-Fi or graphics acting up? Check drivers firstFind missing or outdated drivers fast.Check DriversOctober DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsClean PCRecommendedOne scan can reveal what keeps slowing WindowsLook for cleanup and repair opportunities.Run Scan×
Skip to content
The Finance Base
The Money Desk · Blog
Re:

Vodafone Spain and MasOrange’s Fibre Joint Venture: What Happened and Who Owns It

PremiumFiber began operating in December 2025 with a reported footprint of more than 12 million premises. Here is how the proposal evolved and who owns it.
From TheFinanceBase Team3 min to read
Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Vodafone Spain and MasOrange’s proposed fibre joint venture is now operating as PremiumFiber. Vodafone said it began operations on 4 December 2025, with more than 12 million premises in its footprint and nearly 5 million connected customers. Its reported ownership is 58% MasOrange, 17% Vodafone Spain and 25% GIC. The original July 2024 headline described only a nonbinding proposal; later agreements and the launch changed its status.

What is the Vodafone and MasOrange joint venture?

PremiumFiber is a company operating shared fibre-to-the-home (FTTH) infrastructure contributed by MasOrange and Vodafone Spain. The arrangement brings together network assets serving more than 12 million premises, according to Vodafone’s December 2025 launch announcement. It is intended for the two operators, rather than being established in the cited announcements as an open wholesale network for any retail provider.

At the time the binding agreement was announced in January 2025, Vodafone said each operator would maintain and operate the network assets it contributed. The announcements also mention XGSPON as a possible technology the network could adopt; that is not evidence that all customers already receive XGSPON, a particular speed or a defined service-quality level. Statements about better service, premium connectivity or energy efficiency are company claims, not independently measured comparisons in the cited material.

Is the fibre company already operating?

Yes. Vodafone reported that PremiumFiber commenced operations on 4 December 2025, after completion of the agreement. The earlier July 2024 announcement was not the launch: it announced a confidential, nonbinding letter of intent, with final terms and regulatory authorisations still outstanding.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
#1 Best Overall
Sale
KabelDirekt – Optical Audio TOSLINK Cable – 6ft – Soundbar
  • Optical digital audio cable: Perfect for equipment with a TOSLINK interface (OPT In / OPT Out or S/PDIF In / S/PDIF Out). TOSLINK connector to TOSLINK connector (F05 connector)
  • Versatile: Ideal for transmitting crystal-clear digital audio from your TV, video game console (PS3/PS4/Xbox One), DVD/Blu-ray player, or TV streaming box to a soundbar, amplifier/amp, stereo/Hi-Fi system, D/A converter, and more
  • High-End: This metal-free fiber optic audio cable, featuring a fully flexible PVC jacket, is entirely immune to electrical interference. Each cable undergoes multi-stage testing during manufacturing to ensure maximum product quality and durability
  • 24K gold-plated connectors: Corrosion resistant gold plating keeps connectors clean. And because these cables are fiber optic, they provide 100 % signal transmission with 0 % loss
  • No risk: 36 months manufacturer warranty

How the proposal became an operating company

  1. 24 July 2024: MasOrange and Vodafone Spain announced a nonbinding proposal for nationwide network sharing and a shared fibre company expected to cover approximately 11.5 million premises. They contemplated a third investor, but had not yet reached a final agreement.
  2. 3 January 2025: Vodafone announced a binding agreement covering more than 12 million premises. Its proposed ownership at that stage was 50% MasOrange, 10% Vodafone Spain and 40% financial investor. Regulatory approvals were still required; closing was then expected by the end of the first half of 2025.
  3. 4 August 2025: MasOrange, Vodafone Spain and GIC announced revised terms, with approximate ownership of 58%, 17% and 25%. The parties said regulatory approvals were required and expected closing in the fourth quarter of 2025.
  4. 4 December 2025: Vodafone announced that the agreement had been completed and PremiumFiber had started operating.

Who owns PremiumFiber?

Vodafone’s December 2025 launch announcement reported the following ownership split:

Shareholder Reported share
MasOrange 58%
Vodafone Spain 17%
GIC 25%

There was a separate change at MasOrange’s parent-company level in 2026. Orange announced that it had acquired Lorca’s remaining 50% stake in MasOrange, making Orange the owner of 100% of MasOrange. That does not establish a change in PremiumFiber’s reported ownership: the two companies are distinct, and Vodafone’s cited PremiumFiber announcement gives the split above.

Rank #2
Sale
Amazon Basics Toslink Digital Optical Audio Fiber Optic Cable, Multi-Channel, for Sound Bar, Audio System, Home Theatre, Game Console, Blu-Ray Player, Gold-Plated Connectors, 6 Foot, Black
  • Please REMOVE the end protective caps before using the cable.
  • IN THE BOX: 6-foot digital optical audio Toslink cable.
  • CLEAR AUDIO: Multi-channel, fiber-optic digital audio output; corrosion resistant gold-plated connectors and buffer tubing for optimal signal transfer.
  • DURABLE: Lightweight, flexible cable with a rugged PVC exterior and removable rubber tips that protect the cable when not plugged in; remove before using.
  • CONNECTS DEVICES: Quickly connects a sound bar, CD player, Blu-Ray player, game console, or other device to an audio system or TV.

How many homes does PremiumFiber cover?

Vodafone reported more than 12 million premises in PremiumFiber’s network footprint at launch, alongside nearly 5 million connected customers. These are different measures: premises in the footprint are not the same as customers connected to the network. The approximately 11.5 million premises in the 2024 proposal was an earlier estimate, not the later launch figure.

Orange separately reported that MasOrange had 26 million mobile customers and 7.1 million fixed broadband customers at the end of the first quarter of 2026. Those are MasOrange-wide totals, not PremiumFiber connected-customer figures. A national footprint figure also does not confirm that a particular address can order service; the announcements do not provide a household eligibility checker.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
Rank #3
IVANKY Optical Audio Cable 10ft, Toslink Fiber Optic S/PDIF Digital Audio
  • 【Extra-Long 10ft Cable for Flexible Setup】iVANKY 10ft optical audio cable provides just the right length to connect your devices comfortably - no more struggling with cables that are too short. Enjoy the same pristine, lossless audio quality while having the freedom to arrange your home theater, gaming system, or audio components exactly how you want
  • 【Ultra-Clear Audio Quality with Japan Toray Original Fiber Core】iVANKY optical audio cable uses Japan Toray Original Fiber Core to deliver zero-distortion, lossless audio. This toslink cable is compatible with uncompressed PCM audio and compressed 5.1 to 7.1 surround sound systems, including Dolby Digital Plus, DTS-HD High Resolution, and LPCM. This digital optical audio cable ensures a wide dynamic range for an immersive listening experience
  • 【Universal Device Compatibility】This optical cable for soundbar and home theaters connects seamlessly to a wide range of devices with standard Toslink (s/PDIF, Optical) ports, such as TVs, Soundbar, Speaker, Receiver, PS4, Xbox, Blu-Ray players, and more. It’s perfect for anyone looking to enhance their audio setup with a fiber optic cable that works flawlessly across multiple devices
  • 【24K Gold-plated Connectors & Superior Durability】 Unlike conventional PVC jackets, iVANKY optical cable features a high-quality nylon braided jacket that withstands over 16,000 bends, making it highly durable and resistant to breakage. The aluminum shell and 24K gold-plated connectors prevent tarnishing and maintain conductivity over time, ensuring long-lasting performance
  • 【Precision Design】The precisely designed cuboid connectors of this digital optical audio cable make installation easy and secure. The flexible and lightweight nylon material ensures hassle-free handling. Additionally, removable rubber caps protect the connectors from dust and oxidation when not in use. CL3-rated, this cable is also designed for in-wall installation, providing flexibility for your setup
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

What does the transaction mean financially?

In its August 2025 announcement, MasOrange said it planned to use €3.2 billion of net proceeds from the operation to repay debt. This was the announced intended use of proceeds, not an independently verified report that repayment had been completed. Vodafone described the venture as part of its plan to secure fibre access for its customers, while MasOrange presented it as a way to support connectivity and future upgrades; those are the companies’ stated rationales.

Best Value
100M/328FT OM3/OM4 LC to LC Outdoor Armored Fiber Optic Patch Cable, Multimode Duplex 50/125μm, 10Gb/40Gb/100Gb, Industrial TPU Jacket, Direct Burial, Uniboot, MMF, OD 5mm, Pulling Eye Kit Installed
  • 【Rugged Outdoor-Grade TPU Jacket】This armored fiber optic cable features a thick industrial TPU jacket with excellent tensile strength, UV resistance, abrasion protection, and waterproof performance. Built for long-term reliability in harsh environments like snowfields, deserts, mountain ridges, tunnels, coastal zones, rooftops, factories, roadside trenches, and construction sites. Supports direct burial, conduit routing, or overhead use. Available in 5m to 300m lengths for residential and commercial deployments.
  • 【Dual Armored Construction for Protection】Built with a stainless steel spiral armor tube and inner fiberglass yarns, this outdoor fiber cable provides double-layer mechanical protection against crushing, rodent chewing, sharp bending, and pulling stress. With an outer diameter of 5.0mm, it offers significantly more resistance to physical damage than standard 3.0mm fiber cables, making it ideal for direct burial, industrial campuses, outdoor conduits, and environments with heavy foot or vehicle traffic. Engineered for long-term durability in harsh conditions.
  • 【Pre-Installed Pulling Eye for Easy Deployment】The cable comes pre-terminated with a swivel pulling eye kit on one end, allowing for efficient and safe pulling through conduits, ducts, bridge trays, risers, telecom manholes, and underground raceways. It eliminates the risk of fiber damage during long-distance installations. The pulling eye cover is removable and reusable, making it ideal for multi-phase construction, structured cabling, building backbone links, outdoor trench routing, industrial campuses, and FTTH deployments across large properties.
  • 【OM3/OM4 High-Speed Transmission up to 100Gbps】This armored fiber optic cable uses 50/125μm multimode fiber to support high-speed Ethernet connectivity. At 850nm wavelength, OM3 supports 10Gbps up to 300m, 40Gbps up to 100m, and 100Gbps up to 70m; OM4 extends these distances to 400m, 150m, and 100m respectively. Ideal for data center backbones, enterprise LANs, telecom rooms, FTTH deployments, server farms, campus networks, SAN/NAS storage interconnects, broadcast studios, control systems, surveillance backhauls, and other high-density, high-bandwidth fiber optic infrastructure.
  • 【Space-Saving Uniboot & Broad Device Compatibility】LC uniboot connectors reduce cable clutter and enable quick polarity reversal—ideal for dense patching environments. This cable supports 1G/10G/25G/40G/100G SFP/SFP+/XFP/QSFP+ modules, and integrates smoothly with Ethernet switches, routers, firewalls, ONU/OLT terminals, media converters, patch panels, NICs, NVR systems, fiber mux/demux units, and industrial control equipment. Compatible with Cisco, Ubiquiti, Mikrotik, Juniper, HPE, Arista, TP-Link, Netgear, Intel, Fortinet, Zyxel, Mellanox, Supermicro, Huawei, ZTE, Brocade, D-Link, and others.
Rank #4
Sale
KabelDirekt – Optical Audio TOSLINK Cable – 10ft – Soundbar
  • Optical digital audio cable: Perfect for equipment with a TOSLINK interface (OPT In / OPT Out or S/PDIF In / S/PDIF Out). TOSLINK connector to TOSLINK connector (F05 connector)
  • Versatile: Ideal for transmitting crystal-clear digital audio from your TV, video game console (PS3/PS4/Xbox One), DVD/Blu-ray player, or TV streaming box to a soundbar, amplifier/amp, stereo/Hi-Fi system, D/A converter, and more
  • High-End: This metal-free fiber optic audio cable, featuring a fully flexible PVC jacket, is entirely immune to electrical interference. Each cable undergoes multi-stage testing during manufacturing to ensure maximum product quality and durability
  • 24K gold-plated connectors: Corrosion resistant gold plating keeps connectors clean. And because these cables are fiber optic, they provide 100 % signal transmission with 0 % loss
  • No risk: 36 months manufacturer warranty

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More post from the Money Desk

  1. The Money DeskBlogTheFinanceBase07 MAR 2625 minWhat Is a 457 Plan?
  2. The Money DeskBlogTheFinanceBase07 MAR 2621 minTime Value of Money: What It Is and How It Works
  3. The Money DeskBlogTheFinanceBase07 MAR 2627 minAre You Living in One of These Top 10 Most Expensive Cities to Retire?
Recommended PC Tool
Recommended PC Tool
Crashes, No Sound, or Screen Glitches?Free driver scan
PC Slower Than It Used to Be?Free scan - under a minute

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.