GIC Buys 25% Stake in Masorange-Zegona Broadband Joint Venture

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By Clara Hernanz Lizarraga

August 4, 2025 at 3:36 AM EDT

Singapore’s sovereign wealth fund GIC Pte. has agreed to buy a 25% stake in a fiber joint venture owned by Masorange SL and Vodafone Spain.

Vodafone Spain’s owner Zegona Communications Plc and Masorange made an announcement on Monday, confirming a previous Bloomberg News report. The statement did not disclose what GIC paid for the stake.