Euskaltel teams up with MediaMarkt for national expansion

Spanish regional cable operator Euskaltel has struck a five-year agreement with electronics retailer MediaMarkt to market its products in MediaMarkt shops across the country as part of its strategy of expanding outside its core northern Spanish markets. Euskaltel has signed an exclusive agreement with MediaMarkt to market its products in the 87 MediaMarkt shops all […]

Zegona looks to up presence on Euskaltel board

Cable and telecom investor Zegona Communications will continue to focus on “placing ourselves in the best position to generate additional value from our investment in Euskaltel following purchases of shares that recently saw it emerge as the Spanish cable operator biggest shareholder. Posting its full-year annual report for 2018, Zegona’s chairman Eamonn O’Hare said that […]

Zegona displaces Basque Country bank as leading Euskaltel investor

UK-based cable and telecom investor Zegona Communications has displaced Basque Country bank Kutxabank as regional cable operator Euskaltel’s biggest shareholder. Zegona notified the operator and regulator the the Comision Nacional del Mercado de Valores that the 20 per cent. threshold for disclosure of its increased ownership position in Euskaltel was crossed on April 3 and […]

La Rioja consumers ‘prefer Netflix to TV’

A study of consumers in the La Rioja region of Spain carried out by regional cable operator Euskaltel has revealed that 50% of people prefer Netflix to regular TV and that two thirds of consumers never use a fixed phone. The study of 32,500 people in the northern Spanish region found that half say they […]

Euskaltel begins offering services in León and La Rioja

Spanish regional cable operator Euskaltel has begun commercialising its services in the northern Spanish regions of León and La Rioja as part of its plan to progressively expand to additional regions outside its home markets of the Basque Country, Asturias and Galicia. In León, Euskaltel is using the R brand used by its Galician subsidiary […]

Euskaltel teams up with MásMóvil for mobile equipment procurement

Spanish regional cable operator Euskaltel has teamed up with alternative telco MásMóvil and mobile phone retailer Phone House to create a JV to procure equipment including terminals, routers and accessories. The new outfit, Mediabuying Technologies Group, has the goal of centralising purchase of mobile terminals, routers and other accessories in order to realise scale economies. […]

Euskaltel posts record profits

Spanish regional cable operator Euskaltel has posted record profits for the full-year, up 26.6% to €62.8 million on sales of €291.6 million, up 11.2%. Euskaltel said that it had achieved growth on the back of success in selling high-value bundled products, with the number of products per customer increasing to 3.6, up from 3.5 in […]

Euskaltel to carry Mediapro eSports service

Spanish regional cable operator Euskaltel has struck a deal to carry Mediapro’s eSports offering U-BEAT as part of its content line-up. U-BEAT offers more than 3,000 hours of competitions, news and magazine content about eSports. Euskaltel said that eSports was growing in popularity in Span, with an audience of about 5.5 million spectators and annual […]

Zegona shareholders give green light to Euskaltel plan

UK-based cable and telecom investor Zegona Communications’ shareholders yesterday approved the company’s plans to up its stake in regional Spanish cable operator Euskaltel through open market purchases. Zegona’s acquisition of additional Euskaltel shares could see it supplant regional bank Kutxabank as the Basque Country-based operator’s principal shareholder. The UK based group successfully completed a share […]

Orange rules out any interest in Euskaltel

Orange has ruled out acquiring regional Spanish cable operator Euskaltel in whole or in part, leading to an immediate fall in the share price of the latter. Orange told Bloomberg that it had ruled out any type of transaction with Euskaltel, ending speculation that the company was looking to consolidate the regional player to extend […]