Euskaltel and EITB launch Basque streaming platform

Regional Spanish cable operator Euskaltel has teamed up with Basque Country broadcast group Euskal Irrati Telebista (EITB) to create a Basque regional streaming platform, Euskalteka, that will provide over 300 hours of EITB programming at launch. The service, which debuted on Sunday, was presented at the end of last week at an event presented by […]

Zegona gives itself two years for next investment after Euskaltel sale

Zegona Communications, the UK-based telecom investment outfit that owns a significant stake in Spanish cable operator Euskaltel, soon to be acquired by MásMóvil, has given itself two years to re-invest in another European TMT sector operation before consulting on returning its remaining assets to shareholders. On completing the sale of Euskaltel, Zegona has committed to […]

MásMóvil in bid to take over Euskaltel

Spanish number four operator MásMóvil has launched a tender offer to acquire 100% control of Euskaltel in a friendly bid that has secured the acceptance of the northern regional cable operator’s main shareholders. Euskaltel’s leading shareholder, UK-based investment outfit Zegona Communications, along with the group’s other main shareholders Kutxaband and Alba, which together own 52% […]

Spain’s Virgin telco running ‘well ahead’ of target

Spanish regional cable operator Euskaltel Group’s recently launched Virgin telco brand, which it uses to market services in Spain outside its home turf of the Basque Country, Asturias and Galicia, has now signed up over 58,000 customers after six months of operation. The total subscriber base includes 43,000 fixed and 15,000 mobile customers, with the […]

Euskaltel launches Netflix Fan, Virgin telco passes 50k milestone

Spanish Basque Country cable operator Euskaltel has launched a new package, Netflix Fan, that includes access to Netflix and 10GB that the customer can use on any of his or her mobile lines. Broadband customers will be able to access the range of entertainment content offered by Netflix from any device and location, alongside 10GB […]

Euskaltel hails strong start for Virgin telco as COVID-19 takes its toll

Growth from Spanish regional cable operator Euskaltel’s national launch under the Virgin telco brand has exceeded the company’s initial expectations, with 38,000 additions from this brand contributing to an overall net growth in the operator’s customer base of 20,000 for the quarter to September. The new operation added 21,000 fixed line customers, taking its total […]

Zegona ‘remains committed’ to Euskaltel as transformation gets underway

UK-based telecom investor Zegona Communications has said it remains committed to its investment in Spanish telecom operator Euskaltel and it retains the support of its shareholders in viewing the stake as strategic and likely to realise value. Reporting its H1 financials, Zegona, which has been trading at a discount to the value of its stake […]

Euskaltel sees strong take up of Virgin telco as it posts record profits

Spanish cable operator Euskaltel’s second quarter performance was boosted by what it said was record growth in profits and its customer base, with the latter boosted by the addition of the first 6,500 customers to join under the Virgin telco brand it is using for its national expansion. In the three months to June, Euskaltel […]

Euskaltel strikes deal to use new Orange fibre nets

Spanish regional cable operator Euskaltel Group has signed a new agreement with Orange to use bitstream to access at least 1.8 million of the three million homes that Orange plans to reach with a new fibre deployment plans scheduled to run to the end of 2023. This deal is a step forward from the agreements signed […]

Euskaltel outlines Virgin telco ambition to be national Spanish player

Spanish regional operator Euskaltel has taken the first steps towards its national launch, which will see the operator provide services to the 85% of the country in which it does not yet operate under the Virgin telco brand. The operator plans to use the Virgin brand to target some 18.4 million homes across the country […]

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