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. […]

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 […]