MásMóvil, the fourth largest Spanish telco, has decided to sell the Euskaltel TV division to Agile Content for €32 million, soon after having completed its takeover of the Basque Country-based company. Agile Content now will add 500,000 TV subscribers from R, Telecable and Euskaltel and will move its headquarters from Barcelona to Bilbao. Agile Content […]

Vodafone Spain is negotiating the FTTH migration of its ONO HFC network with Telefónica and the regional telco Onivia Networks. These two companies have submitted proposals to Vodafone to lease their FTTH networks, as MásMóvil and Euskaltel do, to enable the UK telco to migrate its HFC customers to FTTH, according to Expansión. With the […]

Spain’s competition regulator the Comisión Nacional de los Mercados y la Competencia (CNMC), has given its first phase approval to the merger between telcos and Euskaltel. The €2 billion transaction consists of the acquisition by MásMóvil Ibercom S.A.U. of exclusive control of Euskatel, S.A. through a public offer to acquire shares representing the entire capital […]

The Spanish Court Audiencia Nacional has refused appeals from a group of telcos – Vodafone, Orange, Euskaltel, R and Telecable, among others – and TV company Mediapro regarding the acquisition by Telefónica of Canal+ which was authorised by the regulator CNMC in April 2015. The ruling states that the conditions imposed by the CNMC on […]

Vodafone shares fell as much as 8.3 per cent after CEO Nick Read’s strategy showed higher capital expenditure on network investments will hit free cash flow. Vodafone said it can increase margins in the medium-term and guided for adjusted earnings before interest, tax, depreciation and amortisation after leases between €15 billion and €15.4 billion in […]

The Spanish telecoms sector looks set for further consolidation with the news that fourth-ranked operator MásMóvil has made a friendly takeover bid for Basque regional telco Euskaltel of some €2 billion. In a statement to the Comisión Nacional del Mercado de Valores (CNMV), Spain’s stock market regulator, MásMóvil said that it had the agreement of […]

Euskaltel-owned Virgin Telco has cut its subscription fee by 50 per cent, and is also offering Amazon Prime Video for free to boost subscriptions. The promotion launches just two months before its first anniversary. The platform’s 50 per cent discount will last for 6 months, whilst Prime Video will be free for a year. Virgin […]

Spain’s Euskaltel Group – comprising the brands Euskaltel, R, Telecable and Virgin telco – has published its 2020 results, consolidating the growth recorded by the company over the last few years, with record figures in terms of customer base, revenue and results, thus meeting the objectives set out in its strategic plan for the year. […]

Some 64 per cent of Spaniards are subscribed to a pay-TV or OTT service, according to a report from Asociación para la Investigación de los Medios de Comunicación (AIMC). The report shows that OTT services are increasingly gaining popularity amongst Spaniards witha 52.3 per cent of those interviewed subscribing to Netflix, HBO and/or Amazon Prime […]