Euskaltel


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 […]

Unitymedia drops down Netflix’s ISP Speed Index

Unitymedia Kabel was among the major movers in Netflix’s latest ISP Speed Index, with the Germany operator’s average web speed falling to 3.18 Mbps in January. Netflix noted that the internet service provider, which had ranked at the top since Netflix launched service in that country, dropped thee places in the month to eighth place. […]

Euskaltel names new administrative council VP

Spanish regional cable operator Euskaltel has named José Ángel Corres Abásolo as vice-president of its administrative council, replacing cable and pay TV veteran Richard Alden. Corres, who was previously an independent advisor to the Basque Country operator, will also take over from Alden as president of the company’s appointments and remuneration committee. Alden will continue […]

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 […]

Euskaltel still interested in Telecable, says chief executive

Basque Country cable operator Euskaltel’s chief executive Alberto Garcia Erauzkin has indicated he would still be interested in acquiring Asturias region operator Telecable, which was recently purchased by UK-based investment group Zegona Communications. Speaking at a regional development conference, Erauzkin said that an acquisition of Telecable, which would unify all three northern Spanish regional cable […]

Telecable buyer Zegona looking to create £1-3bn company

Zegona Communications, the UK-based investment group that acquired Asturias region cable operator Telecable earlier this year, aims to create a business worth between £1 billion (€1.36 billion) and £3 billion through its ‘buy-fix-sell’ strategy of acquiring and restructuring European cable and telecom businesses. According to the company’s share prospectus, published ahead of Zegona’s completion of […]

CNMC approves Telecable acquisition

Spanish competition watchdog the CNMC has approved the acquisition of regional cable operator Telecable by UK-based investment group Zegona Communcations. Zegona, headed by former Virgin Media executives Eamonn O’Hare and Robert Samuelson, agreed to acquire the Asturias region operator last month for €640 million in a deal that followed hard on the heels of Basque […]

Former Virgin Media execs’ outfit buys Spain’s Telecable for €640m

UK-based investment group Zegona has acquired the smallest of Spain’s three independent cable operators, Telecable, for €640 million. Zegona’s deal to buy Telecable, which operates in the Asturias region of northern Spain, followed hard on Basque region operator Euskaltel’s agreement to acquire Galician operator R for €1.155 billion. Euskaltel was seen as the most likely […]

Euskaltel acquires R for €1.155 billion

Basque region cable operator Euskaltel has acquired Galician operator R for €1.155 billion including debt, in a cash and shares transaction, confirming its role as the consolidator amongst the three independent operators in the northern part of Spain. The deal values R, which is 70% owned by investment group CVC and 30% by local bank […]