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General

Euskaltel targeting Telecable following R buy - report

Thursday 1 October 2015 | 09:20 CET | News
Spanish regional cable operator Euskaltel, operating in the Basque Country, is considering the possibility of acquiring rival broadband operator Telecable, according to a report in business daily Expansion. The consolidation of the Spanish telecommunications market, with Orange recently completing its takeover of Jazztel and Vodafone merging with Ono, has meant Spain's smaller regional operators need volume to survive. Euskaltel recently agreed to purchase rival cable provider R, operating in Galicia, for EUR 1.16 billion and, once that deal is cleared by competition authorities, the Basque

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Categories: General
Companies: Euskaltel / Jazztel / Ono / Orange / R / Telecable / Vodafone Spain
Countries: Spain
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