Vodafone Spain, also known as Vodafone España, is a privately owned company headquartered in Madrid, Spain. Owned by Zegona Communications and operating with the subsidiary Lowi, the company reported $3.9B in revenue as of 2024. Founded in 2001 as a result of the merger of shares held by Vodafone Group, British Telecom, and Airtel, the company functions as a mobile telecommunications operator, with its main product being telecoms services across Spain.
Vodafone Spain deployed new research infrastructure at the University of Malaga (UMA) on July 27, 2026, to study the integration of 5G mobile networks with satellite technologies as part of the EU recovery fund-backed 6G-Expanse project, building on UMA's existing testbed for non-terrestrial networks. Earlier the same day, the operator reportedly began steps to replace its main mobile tower provider, Vantage Towers, with infrastructure from Cellnex and American Tower Corp (ATC). This reported move would leverage an exit window in Vodafone's contract with Vantage, which expires in November 2028, allowing for penalty-free withdrawal, following Vodafone Spain's 2024 notification to Vantage of its intent not to renew the agreement. On July 21, Milbank LLP advised Zegona Communications plc on a comprehensive €3.7 billion refinancing for Vodafone Spain. Previously, on July 20, Vodafone Spain and MasOrange reportedly resumed negotiations for a potential mobile network-sharing joint venture (RANco). Also on July 20, Vodafone Spain changed its mobile network name to "Campeones" ("Champions") to celebrate Spain's victory in the 2026 World Cup final against Argentina, following a previous change to "APorLaSegunda" last week.
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Vodafone Spain offers 5 products in the media and telecoms services industry. Vodafone Spain's product portfolio comprises of media and TV services, telecoms and consumer electronics.
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Vodafone Spain's revenues were over $1B in 2024. Caretta Research has split Vodafone Spain's revenue into 5 different product categories, the largest of which is mobile services. For full access to Vodafone Spain's revenue breakdown subscribe to Caretta Portal.
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