On July 29, 2020, In a statement, the National Securities Market Commission (CNMV) has given the operation the green light by considering it ‘sufficiently justified’ according to the provisions of articles 9 and 10 of Royal Decree 1066/2007, of July 27 and having received the corresponding external advice. However, it has imposed 2 conditions on the operation: that it be accepted by more than 50% of the share capital of teleco (65.8 million shares) and that the Bank of Spain does not oppose the acquisition of a significant indirect stake in Xfera Consumer Finance (49% controlled by a subsidiary of MásMóvil).