TeleCable


Telecable posts solid results, Zegona looking for investment opportunities

Spanish regional cable operator Telecable has posted solid first quarter results, with revenue boosted by a price increase in January. Telecable’s first quarter revenues rose by 5.7% to €34.9 million, the highest revenue growth for the first quarter in six years. EIBTDA rose by 3.7% to €16.6 million, while cash flow rise by 11.1$% to […]

Zegona out in the cold as Telia sells Yoigo stake to MásMovil

Nordic telco Telia has agreed to sell its majority stake in Spanish mobile operator Yoigo to local mobile player MásMóvil, leaving UK-based cable and telecom investor Zegona Communications out in the cold. Zegona, which owns regional cable operator Telecable, had been in exclusive negotiations with Telia to acquire its 76.6% stake but had been unable […]

Zegona keeps options open as MásMóvil outbids for Yoigo

Zegona Communications, owner of Spanish regional cable operator Telecable, has conceded that MásMóvil, its rival in the acquisition battle for Yoigo, has submitted a higher bid for the TeliaSonera-backed mobile operator. Zegona said that despite reaching a deal with TeliaSonera within the period of its exclusive talks with the Nordic telco, it had failed to […]

Másmovil steps in after Zegona fails to submit Yoigo bid

Zegona Communications, owner of Spanish regional cable operator Telecable, has failed to meet the deadline to table a bid for mobile operator Yoigo, according to local reports, leaving the field free for rival bidder Másmovil to submit an offer. Zegona and Yoigo’s majority owner TeliaSonera had been in exclusive negotiations, with the UK-based cable and […]

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 […]

Zegona in exclusive talks to take control of Yoigo

Zegona Communications, owner of Spanish regional cable operator Telecable, is in exclusive talks with TeliaSonera to acquire that latter’s majority stake in mobile network operator Yoigo. Zegona and TeliaSonera separately confirmed that they had struck an exclusivity agreement over TeliaSonera’s 76.6% stake in Yoigo. Zegona said it would need to involve other stakeholders and that […]

Zegona names Goldman Sachs exec as investment director

Zegona Communications, the UK-based owner of Spanish regional cable operator Telecable, has named Goldman Sachs executive Menno Kremer as investment director. Kremer was previously executive director in telecoms, media and technology group at Goldman Sachs, working on a broad range of M&A deals for companies including Altice, Deutsche Telekom and Liberty Global. Eamonn O’ Hare, […]

Zegona eyes Yoigo as Telecable posts solid results

Zegona Communications, owner of Asturias region cable operator Telecable, and MVNO MásMóvil are among the companies to have placed bids for fourth-ranked Spanish mobile operator Yoigo, according to local reports. According to Expansión, the two groups have submitted offers to acquire Yoigo to TeliaSonera, 76.6% owner of the company. According to Expansión, citing unnamed sources, […]

Telecable adds Syfy to channel line-up

Spanish regional cable operator Telecable has added Syfy to its content line-up. Telecable, which operates in the Asturias region and is owned by UK-based Zegona Communications, is making NBCUniversal-owned Syfy available from today via channel 19 of its EPG. Telecable has recently boosted its TV offering by adding five other channels – AMC HD, AXN […]

Spain’s Telecable in running to buy mobile operator Yoigo

Telecable, the Spanish regional cable operator owned by UK-based investment outfit Zegona Communications, is making a €380 million bid for Spain’s fourth-ranked mobile player Yoigo, according to local press. According to digital news service Hispanidad, Telecable, which operates in the Asturias region of north-western Spain, is in competition with Warburg Pincus, mobile virtual network operator […]