Euskaltel


Euskaltel strikes Catalonia deal as plans for national expansion ramp up

Spanish regional cable operator Euskaltel has confirmed that it plans to offer its services nationally and has announced a partnership with automotive club the Reial Automòbil Club de Catalunya (RACC) to market its telecom and TV offerings in Catalonia under a new RACCtel+ brand. Euskaltel and RACC have struck an agreement to market broadband, digital […]

Zegona expects to complete acquisition of Euskaltel shares in February

Cable and telecom investor Zegona Communications has said it expects its acquisition of additional shares in Spanish regional cable operator Euskaltel to be completed by the first week in February. Zegona aims to double its current stake in Euskaltel, acquiring up to 14.9% of the operator after making a £225 million placing that will be […]

Euskaltel puts positive spin on Q3 results

Spanish regional cable operator Euskaltel put a positive spin on year-to-date and Q3 results that saw significant increases in revenue and profit over the year-to-date, with the top and bottom line masking the impact of intense competition in the Spanish service provider market. Euskaltel posted group revenues of €521.1 million for the first nine months, […]

Zegona moves to double stake in Euskaltel

Cable and telecom investment group Zegona Communications has moved to double its stake in Spanish regional cable operator Euskaltel by making a tender offer for up to 14.9% of the company. Zegona is offering €7.75 a share or a premium of 18%, in a move that could see it double its existing 15% stake in […]

Euskaltel posts strong revenue and profit growth

Spanish cable operator Euskaltel has posted strong revenue and profit growth for the first half of the year on the back of increased subscriber numbers and falling churn. Euskaltel posted revenues of €349.3 million for the first six months of the year, up 25%. EBITDA was up 22.4% to €168.8 million, with a revenue margin […]

Euskaltel outlines goals

Spanish regional cable operator Euskaltel has set a modest goal of reaching 1,000 customers in Navarre in June after launching in the province on Orange’s network, with the Basque Country-based operator’s president Alberto García Erauzkin and CEO Francisco Arteche telling its shareholders’ meeting that Euskaltel woud become a much more competitive operator. The pair told […]

Euskaltel launches Netflix button on 4K box remote control

Spanish cable operator Euskaltel has introduced direct access via a dedicated remote control button to Netflix on its 4K set-top boxes across its own Basque Country network and for subscribers to Galicia network R. The operators said that the functionality would be extended to Telecable, the network it acquired from Zegona Communications in the Asturias […]

Euskaltel is underperforming, says shareholder Zegona

Spanish regional cable operator Euskaltel has failed to take sufficient action to improve its performance since acquiring Asturias operator Telecable from UK-based owner Zegona Communications, according to the latter’s assessment of the company. Publishing its annual report, Zegona said that it was “disappointed” by the decline in Euskaltel’s share price since the closing of the […]

Euskaltel begins marketing services in Navarre

Spanish regional cable operator Euskaltel has made its first entry into the Navarre region through its partnership with Orange, opening its first sales outlet in the town of Ansoain. Euskaltel said it would begin marketing its services in the regional capital of Pamplona next. The cable operator has also struck a three-year sponsorship deal with […]

Euskaltel taps Nagra for 4K Android STB content security

Spanish regional cable operator Euskaltel has partnered with Nagra to secure content on its 2017-launched, Android TV-based 4K set-top boxes. Euskaltel has deployed the Nagra Connect content protection offering in its Technicolor-provided set-top box. The deal marks Nagra’s first operator-tier Android TV rollout. “By working with Nagra and Technicolor, we were able to introduce a […]