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Yoigo, is the fourth largest mobile network operator in Spain, and is a subsidiary of the Spanish telecommunications company Grupo MásMóvil. Yoigo has a licence and its own cellular network for GSM/2G, UMTS/3G and LTE/4G technologies, and a national roaming agreement for usage of the 2G, 3G and 4G networks of Orange and Movistar. Although it commercially launched in December 2006, the company was founded in 2000, and had a turbulent start. From its creation, it was owned primarily by TeliaSonera (now Telia Company), and since 21 June 2016 is now the sole property of Grupo MásMóvil, after the CNMC (regulator agency like Federal Communications Commission in Spain) authorised the purchase of 100% of its share capital.