Másmóvil reaches 1m broadband subs
January 3, 2019
From David Del Valle in Madrid
Másmóvil, the fourth largest telco in Spain, has reached 1 million broadband subscribers in just two years of operations.
The group saw significant growth in 2018 with almost 500,000 new customers versus a rise of 382,000 and 122,000 in 2017 and 2016 respectively.
Out of the 1 million broadband subscribers 670,000 are FTTH customers and currently, according to the company, 83 per cent of new customers are FTTH subscribers.
Másmóvil has a potential reach of 14.4 million households thanks to its agreements with Orange and Movistar.
Along with Euskaltel, Másmóvil is one of the Spanish telco groups with more growth potential and likely to be acquired by a possible European bidder.