TeleCable

Moody’s reiterates B1 rating for Telecable

Credit rating agency Moody’s has reiterated its B1 credit rating for Spanish cable operator Telecable, which is owned by UK investment outfit Zegona Communications and operates in the Asturias region of north-western Spain. Moody’s said that the company had a strong position in its regional market, which had to be offset against the modest scale […]

Moody’s gives first-time B1 rating to Spain’s Telecable

Moody’s Investor Service has given a first-time credit rating of B1 to Spanish regional cable operator Telecable, owned by UK investment outfit Zegona Communications. Moody’s assigned a first-time B1 corporate family rating (CFR) and a B2-PD probability of default rating (PDR) to the Asturias region operator, and a B1 rating and loss given default (LGD) […]

Telefónica strikes football deal with Mediapro

Telefónica has struck a €2.4 billion deal with broadcaster Mediapro that will enable it to offer a full complement of Spanish La Liga football and also enable it to offer European Champions League football to its customers. The deal means that Telefónica will be able to distribute European matches, currently shown on Mediapro’s BeIN Sports […]

Telecable offering premium football across Spain with OTT launch

Telecable, the Spanish regional cable operator owned by UK investment outfit Zegona, has launched a football-focused OTT TV offering that expands its reach beyond its home market of Asturias for the first time. Veofutbol enables access to a range of Spanish and international football matches, including those of La Liga, The Spanish Cup, The Champions’ […]

Telecable launches 500Mbps internet

Telecable, the Asturias region cable operator in northern Spain that was recently acquired by UK outfit Zegona, has launched a new premium broadband service, Máximo, offering speeds of up to 500Mbps and upload speeds of up to 30Mbps. The service is available to existing Telecable customers for an additional €10 a month. “We are very […]

Spanish consumer groups slam Mediapro’s TotalChannel

A range of Spanish consumer groups have filed a complaint with the country’s industry ministry over interruptions and poor service on Catalan broadcaster Mediapro’s TotalChannel OTT service, which provides coverage of Champions League football. The Asociación de Internautas (AI), the Unión de Consumidores de Cataluña (UCC), the Asociación pro Derechos Civiles, Económicos y Sociales (ADECES), […]

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 […]

Telecable chooses Accedo for cloud DVR

Spanish regional cable operator Telecable has chosen Accedo to deliver the technology platform for its cloud DVR service, Tedi, the latest version of which launched earlier this month. Subscribers across Telecable’s Asturias footprint are now able to access Tedi via a dedicated set-top-box, or via iOS or Android apps, which extend DVR capabilities to mobile […]

Mediapro and Movistar fail to come to agreement on BeIN Sports

Spanish broadcaster Mediapro and Telefónica have failed to strike a deal that would allow Telefónica’s Movistar TV subscribers to see Champions League and Europa League football on the platform via Mediapro’s BeIN Sports channel. Mediapro issued a communiqué to the effect that it not signed a deal with Movistar and that the latter’s subscribers would […]