Basque Country

Euskaltel completes Telecable acquisition

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 […]

Euskaltel sees strong TV growth

Spanish regional cable operator Euskaltel, which controls networks in the Basque Country and, through subsidiary R, in Galicia has posted revenues of €430.4 million for the third quarter, up 76.1%, and EBITDA of €209.5 million, up 79.6%. On a like-for-like basis, including R’s prior year revenues, revenue growth was 2.2%, driven primarily by 4.4% growth […]

Euskaltel boosts TV offering

Spanish regional cable operator Euskaltel has boosted its local channels offering by adding DOTB – Durangaldeko Telebista to its programming line-up – the latest in a series of moves designed to enhance the attractiveness of its TV offering. The Basque Country operator will air the new service on channel 996 of its guide. The addition […]

Mobile and TV boost for Euskaltel

A strong increase in mobile revenue-generating units and a more modest but significant increase in TV customers helped boost Spanish regional cable operator Euskaltel’s performance despite zero growth in its overall customers base last year. The Basque Country operator saw its mobile base increase by over a third, or 94,000 customers to 368,000 over the […]

Euskaltel closes R Cable acquisition

Spanish Basque Country cable operator Euskaltel has closed the acquisition of R Cable, the regional operator in Galicia, following a capital increase of €255 million, its ultimate step in financing the purchase. Euskaltel has acquired R for a total of €1.19 billion, including debt. The Basque operator extended its lines of credit with its banks […]