Spanish regional cable operator Euskaltel has named Alfonso Enríquez as group manager for strategy and investor relations. Enríquez will take charge of strategic projects as well as conveying relevant information to Euskaltel Group investors, analysts and shareholders. He previously worked as head of strategy and investor relations at Jazztel for five years, where Euskaltel’s new […]
Netflix noted a number of changes in the Spanish and Portuguese markets in its latest monthly Internet Service Provider Speed Index. The subscription video-on-demand giant said there was “a lot of momentum” in Spain during September. Vodafone rose two spots to take first place in the scale with an average monthly speed of 3.77 Mbps […]
Orange had 7.658 million TV customers at the end of the quarter, up from 7.435 million quarter-on-quarter and from 6.956 million year-on-year, with growth being led by Spain. In Spain, which included the acquisition of Jazztel, Orange saw strong TV growth, fuelled by its ability to offer Champions League football through a deal with Mediapro […]
Orange has completed the acquisition of the 5.25% of Spanish alternative telco Jazztel that it did not already own through a squeeze-out process. Orange implemented the squeeze-out with an offer of €13 a share, the same price it offered for the Jazztel shares it acquired through its offer for the company. Completion of the process […]
Orange España has signed an agreement to offload some of newly acquired Jazztel’s ADSL and fibre assets to mobile operator Másmóvil in line with commitments it made to secure EC approval for the acquisition. Másmóvil will acquire 13 fibre networks in cities including Madrid, Barcelona, Valencia, Seville and Malaga, covering 720,000 homes. Orange will also […]
Orange has launched an accelerator startup programme in Spain following its acquisition of Spanish telco Jazztel. The Orange Fab accelerator programme for the Spanish market was launched in Madrid by Gervais Pellissier, CEO Delegate and Executive Director in charge of Europe for the Group, and Jean-Marc Vignolles, Chief Executive Officer of Orange Spain, in the […]
Fixed broadband lines in Spain reached a total 12.83 million at the end of the first quarter, up 5.7% year-on-year, according to regulator the CNMC. According to the regulator, fibre led the growth, adding more than 100,000 lines each month for seven consecutive months to take its total to 1.933 million. March saw the addition […]
Orange has completed its tender offer for Spanish telco Jazztel, with shareholders representing 94.75% of the company’s capital accepting its offer of €13 a share. The success of the tender means that Orange will pay €3.179 billion for Jazztel, with settlement expected to take place on Wednesday. Orange has decided to exercise its rights to […]
The Spanish markets regulator, the CNMV, has given a green light to Orange’s proposed acquisition of Jazztel following EC clearance of the deal last week. The move means that Orange is now free to go ahead with its offering for publicly-listed Jazztel’s stock. The telco is offering €13 per share in cash, valuing the alternative […]
The European Commission has authorised Orange’s €3.4 billion buyout of Jazztel, after Orange made a series of commitments, including agreeing to sell a fibre network representing 720,000 building units. Orange said it will temporarily provide the buyer of the network with a wholesale subscription offer to Jazztel’s ADSL network and, if necessary, will also provide […]
