Euskaltel reduces debt costs

Spanish regional cable operator Euskaltel has said it has succeeded in reducing the cost of a €300 million institutional term loan by 21%, equivalent to 100 base points, leaving it with superior terms to those of comparable operators active in the market in recent months. The €300 million term loan was part of a €900 […]

Euksaltel sees strong growth across services

Spanish regional cable operator Euskaltel ended the first half of 2016 with 548,000 residential customers, up 0.5% year-on-year, while product sales for the first half numbered 59,000, taking products contracted to 1.86 million. According to Euskaltel, 65.2% of its customers now take three or more services, up from 61.2% last year. The average number of […]

Euskaltel shareholders approve changes

Spanish cable operator Euskaltel’s general shareholders meeting has approved the re-election of Alberto García Erauzkin as executive chairman and Francisco Arteche as its new CEO. The meeting also approved the appointment of board member Alician Vivanco, representing Karteral 1 SL and of independent board members Elisabetta Castiglioni and Miguel Ángel Lujua, as well as the […]

Former Ono, Wananchi CEO Richard Alden arrested for murder

Richard Alden, the former CEO of Spanish cable operator Ono and more recently CEO of Kenya-based free and pay TV broadcaster and channel provider Wananchi, has been arrested for murder in Kenya. Alden was arrested after Grace Wangechi Kinyanjui, with whom he was reportedly in a relationship, was shot at his home in a suburb […]

Spanish cable operator Euskaltel’s CEO replaced

Fernando Ojeda, the CEO of Spanish Basque Country cable operator Euskaltel, which also owns Galician operator R, has resigned, and the company’s board has appointed former Microsoft executive Francisco Arteche in his place. Ojeda’s departure has been accompanied by significant changes in the make-up of the company’s board, with independent directors Richard Alden and Bridget […]

Euskaltel posts solid growth following R acquisition

Spanish regional cable operator Euskaltel, which operates in the Basque Country, has posted revenues of €142.3 million for its first quarterly results since its integration of Galician operator R. The figure represents a near doubling of the €79.6 million it posted for the same period in 2015. EBITDA for the quarter amounted to €69.1 million, […]

La Liga for Telecable, but not Euskaltel

Spanish regional cable operator Telecable has secured the rights to distribute Catalan broadcaster Mediapro’s beIN La Liga channel, enabling it to offer coverage of Spanish La Liga and Copa del Rey football matches. However Euskaltel, the other major regional operator, which operates in the Basque Country and which also owns Galician operator R, has indicated it is […]

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. […]