Masmovil to join Spain's Ibex 35 on 24 June

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(Telecompaper) The shares of Masmovil, Spain’s fourth largest network operator, have been added to the Ibex 35 benchmark stock market index of Spain’s main companies. During a scheduled meeting, the Technical Advisory Committee of the Ibex decided to add Masmovil’s shares to the index and delete those of Tecnicas Reunidas as of 24 June. “Our incorporation into the Ibex 35 represents the recognition and consolidation of an industrial project that has led the growth of the telecommunications market in Spain over the past two years,” said Masmovil CEO Meinrad Spenger in a statement welcoming the decision.
Source: Industry News (syndicated from Telecompaper.com)

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