Movistar Team (men's team) Movistar Team (men's team) Movistar Team () is a professional road bicycle racing team which participates at UCI WorldTeam level and has achieved thirteen general classification (GC) victories in Grand Tours. The title sponsor is the Spanish mobile telephone company Telefónica, with the team riding under the name of the company's brand "Movistar". The team was formed as "Reynolds", led by Ángel Arroyo and later by Pedro Delgado, who won a Tour de France and a Vuelta a España, and was subsequently sponsored by "Banesto", under which name the team included 5-time Tour de France winner Miguel Indurain and Alex
State monopoly State monopoly In economics, a government monopoly (or public monopoly) is a form of coercive monopoly in which a government agency or government corporation is the sole provider of a particular good or service and competition is prohibited by law. It is a monopoly created by the government. It is usually distinguished from a government-granted monopoly, where the government grants a monopoly to a private individual or company. A government monopoly may be run by any level of government - national, regional, local; for levels below the national, it is a local monopoly. The term state monopoly usually means a