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General

Euskaltel hints at future merger with R and Telecable

Monday 2 June 2014 | 10:39 CET | News
Spanish regional cable operator Euskaltel, operating in the Basque Country, has said that it would "actively" consider entering into a process of "concentration" of the sector in the north of Spain, reports Europa Press. Euskaltel's chairman, Alberto García Erauzki, confirmed that the company would be investing EUR 50 million in expanding and improving its broadband network over the next 12 months and that the operator's financial position allows it to consider "purchasing or forming part of the shareholder base of other cable operators." In March the CEO of Ono, Rosalia Portela, said that

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Categories: General
Companies: Euskaltel / Ono / R / Telecable
Countries: Spain
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