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Audax Renovables SA ( (ES:ADX) ) has provided an announcement.
Audax Renovables has signed a strategic alliance with MasOrange, one of Spain’s largest telecom operators by customer base, to market mobile, fibre and landline services in the Spanish market. Leveraging MasOrange’s high-capacity fibre and 5G infrastructure, Audax will become the first independent supplier in Spain to offer a combined package of energy, energy services and telecommunications.
The partnership is a key step in executing Audax’s 2026-2030 Strategic Plan, positioning the group as a digital multi-service company and expanding its customer-centric product ecosystem. By bundling essential services, Audax aims to deliver cost savings, convenience and simplified supply management for customers, while advancing its diversification strategy in telecommunications alongside other energy and digital services.
The most recent analyst rating on (ES:ADX) stock is a Hold with a EUR1.50 price target. To see the full list of analyst forecasts on Audax Renovables SA stock, see the ES:ADX Stock Forecast page.
More about Audax Renovables SA
Audax Renovables is an energy group operating in nine countries, focused on supplying electricity and related energy services. The company targets retail and business customers with a strategy of evolving into a digital multi-service provider that bundles energy with complementary offerings to increase customer loyalty and value.
Average Trading Volume: 331,714
Technical Sentiment Signal: Buy
Current Market Cap: €657.5M
Find detailed analytics on ADX stock on TipRanks’ Stock Analysis page.