0
General

Euskaltel aiming to double revenues to EUR 1.3 bln by 2025

Tuesday 10 March 2020 | 11:05 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
Spanish regional operator Euskaltel expects to nearly double its revenues from EUR 685 million in 2019 to between EUR 1.2 billion and EUR 1.3 billion in 2025 after expanding throughout the Spanish territory using the Virgin brand. In a 2020-25 strategic plan submitted to securities market regulator CNMV, the operator said it expects revenues to grow at a CAGR of 11 percent with nearly 40 percent coming from new national customers in 2025 and the remaining 60 percent or so from customers in its existing markets of the Basque Country, Galicia and Asturias.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Euskaltel / R / Telecable / Virgin Group
Countries: Spain
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Spain's R expands 500Mbps FTTH to Lugo locality

Published 07 Jul 2020 16:00 CET | Spain
Spanish regional telecommunications provider R, owned by Euskaltel and operating mainly in Galicia, has announced the expansion ...

Euskaltel to offer more data, TV channels from July

Published 28 May 2020 09:32 CET | Spain
Spanish regional operator Euskaltel is set to further improve the conditions of several of its plans next month, hiking bundled ...

Virgin Telco launches in Spain with 300Mbps fibre, 20GB data for EUR 39

Published 21 May 2020 08:51 CET | Spain
Spain's fifth largest operator Euskaltel has revealed the launch offer for its new Virgin Telco brand, available in 85 percent of ...

Euskaltel begins Spain expansion under 'Virgin Telco' brand

Published 20 May 2020 14:35 CET | Spain
Spanish regional operator Euskaltel, mainly present in the Basque Country and Galicia, has begun its expansion into the rest of ...

Euskaltel sales and profit up in Q1 ahead of imminent launch of Virgin brand

Published 23 Apr 2020 09:26 CET | Spain
Spanish regional operator Euskaltel reported revenues of EUR 171.8 million in the first quarter of 2020, up 0.1 percent year on ...

Euskaltel adds Surf Channel to pay-TV offer

Published 14 Apr 2020 15:17 CET | Spain
Spanish regional operator Euskaltel has announced the addition of local surf-themed TV network Surf Channel to its pay-TV ...

Euskaltel testing first Virgin-branded convergent plans - report

Published 14 Apr 2020 10:13 CET | Spain
Spanish regional operator Euskaltel has begun a pilot of the first plans to be offered under the Virgin brand later this year, ...

Euskaltel inks deal to air Easter services from Bilbao cathedral

Published 09 Apr 2020 10:46 CET | Spain
Spanish regional operator Euskaltel has reached an agreement with the Bishopric of Bilbao to broadcast the main religious ...

Euskaltel traffic up 90% on landlines and 65% on mobile

Published 08 Apr 2020 09:49 CET | Spain
Spanish regional operator Euskaltel announced that its fixed and mobile networks have continued to surge since the government's ...

Euskaltel maintains national expansion plan, sees data surge

Published 30 Mar 2020 09:29 CET | Spain
Spanish regional operator Euskaltel said its maintaining its plans to expand throughout the Spanish territory using the Virgin ...

Euskaltel offers bonus 30GB bundle for coronavirus

Published 26 Mar 2020 09:50 CET | Spain
Spanish regional operator Euskaltel, present mainly in the Basque Country, has announced that it will be offering free mobile ...

Euskaltel adds more kids and educational channels to free pay-TV offer

Published 24 Mar 2020 15:35 CET | Spain
Spanish regional operator Euskaltel, present mainly in the Basque Country, has followed its recent decision to open up selected ...

Nieuwsoverzicht week 11: corona verslaat het reguliere nieuws, koersen dalen tientallen procenten

Published 16 Mar 2020 09:39 CET | Netherlands | Update: 16 Mar 2020 10:44 CET
Het coronavirus duwde alle bedrijfsnieuws in week 11 naar de achtergrond. Beurskoersen daalden met tientallen procenten en ...

Euskaltel expands fibre coverage to 200,000 new homes in Basque Country

Published 06 Mar 2020 15:26 CET | Spain
Spanish regional operator Euskaltel has announced the activation of fibre-optic services in over 200,000 new premises covering ...

Masmovil preparing launch of Basque operator to rival Euskaltel - report

Published 04 Mar 2020 14:25 CET | Spain
Spanish telecommunications group Masmovil, the country's fourth largest network operator, is planning to launch an independent ...

Euskaltel revives Basque cycling sponsorship deal

Published 28 Feb 2020 11:09 CET | Spain
Spanish regional operator Euskaltel announced that it's returning to cycling as the title sponsor of the Euskadi Foundation's ...

Euskaltel sales down 1% to EUR 686 mln, returns to growth in Q4

Published 26 Feb 2020 09:52 CET | Spain
Spanish regional operator Euskaltel reported full-year revenues of EUR 685.5 million in 2019, down 0.9 percent year on year, but ...

Spain's R adds first Oppo phones to catalogue

Published 14 Feb 2020 14:49 CET | Spain
Spanish regional telecommunications provider R, owned by Euskaltel and operating mainly in Galicia, has added the first phones ...

Virgin enters Spanish market through Euskaltel

Published 12 Feb 2020 10:01 CET | Spain
Spanish regional operator Euskaltel will be using the Virgin brand to drive its national expansion strategy, confirmed its ...

Telecable signs up Fernando Alonso for 2020 ad campaigns

Published 05 Feb 2020 14:44 CET | Spain
Euskaltel-owned cable operator Telecable, operating mainly in Asturias, has announced that Spanish motor racing driver Fernando ...

Euskaltel approves 3-year executive incentive plan

Published 28 Jan 2020 12:02 CET | Spain
Spanish regional operator Euskaltel announced that its board of directors has approved a long-term incentive plan for its ...

Over 100,000 Euskaltel clients activated unlimited weekend data in 2019

Published 20 Jan 2020 15:23 CET | Spain
Spanish regional operator Euskaltel announced the end of its 'Gigas Sin Fin' promotion, revealing that over 100,000 convergent ...

Aberforth acquires 6.5% stake in Euskaltel shareholder Zegona

Published 09 Jan 2020 09:56 CET | Spain
Zegona Communications, the leading shareholder of Spanish operator Euskaltel, announced that investment fund Aberforth Partners ...

Euskaltel joins Spain's Ibex Medium Cap Index

Published 23 Dec 2019 16:02 CET | Spain
The shares of Spanish operator Euskaltel have been added to the Ibex Medium Cap stock market index of Spain's main companies ...

Euskaltel launches joint TV app for all its brands

Published 19 Dec 2019 15:53 CET | Spain
Spanish operator Euskaltel has launched its first joint TV app for customers of its Euskaltel (Basque Country), R (Galicia) and ...

Spain's R reaches 1 million fibre accesses in Galicia

Published 17 Dec 2019 15:52 CET | Spain
Spanish operator R, owned by Euskaltel and operating mainly in Galicia, has reached the milestone of 1 million fibre accesses ...

Euskaltel, R, Telecable offering 10GB festive data for EUR 1

Published 17 Dec 2019 09:53 CET | Spain
Spanish operator Euskaltel has launched a joint festive offer covering its Euskaltel (Basque Country), R (Galicia) and Telecable ...

Euskaltel inks expanded deal to access Orange's fibre network throughout Spain

Published 13 Dec 2019 10:42 CET | Spain
Euskaltel has announced an expanded mobile and fibre-optic access agreement with Orange, a key step in its ambition to become ...





Calendar   /   Industry Events

19 Oct Grameenphone Q3 2020
19 Oct Logitech Q2
19 Oct Berec stakeholder forum
19 Oct Capacity Europe 2020
20 Oct A1 Telekom Austria Group Q3 2020
20 Oct Tele2 Q3 2020
20 Oct Snap Q3
20 Oct America Movil Q3 2020
20 Oct Calix Q3
20 Oct Netflix Q3 2020
20 Oct 6G Symposium
21 Oct Telia Q3 2020
21 Oct DNA Q3 2020
21 Oct Ericsson Q3 2020
21 Oct Telenor Q3 2020
21 Oct Netgear Q3 2020
21 Oct Crown Castle Q3
21 Oct Verizon Q3 2020
22 Oct STMicroelectronics Q3 2020
22 Oct VeriSign Q3 2020
22 Oct AT&T Q3 2020
22 Oct Rogers Q3 2020
22 Oct Limelight Networks Q3 2020
22 Oct Nordic Entertainment Q3 2020
22 Oct Intel Q3 2020
22 Oct Verimatrix Q3 2020
22 Oct Econocom Q3 2020
23 Oct Doro Q3 2020
23 Oct Orange Belgium Q3 2020
23 Oct Airtel Africa H1 results
::: More Calendar Items