Spanish regional cable operator Euskaltel has completed the acquisition of Zegona Communications-owned Asturias region operator Telecable. Completion of the deal follows approval by the Bilbao-based operator’s shareholders and a green light by the country’s competition watchdog, the CNMC. The acquisition of Telecable creates a single cable operator covering the Basque Country, Asturias and Galicia, where […]
UK-based cable and telecom investor Zegona Communications’ chairman and CEO Eamonn O’Hare has said the market environment for the company’s core ‘buy-fix-sell’ strategy has “never been better” and that he was confident additional acquisition opportunities would emerge. O’Hare’s comments accompanied solid full-year results for Zegona, whose chief asset is Spanish regional cable operator Telecable, which […]
Private equity outfit Carlyle could sell its controlling stake in Spanish regional cable operator Telecable, according to press reports. According to Reuters, citing two sources with knowledge of the matter, Carlyle has hired Goldman Sachs to advise on a possible sale of its 85% stake in the operator, which runs networks in the Asturias region […]
