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General

"R, Telecable, Euskaltel need volume" to survive - Ono CEO

Tuesday 25 March 2014 | 15:43 CET | News
One of the inevitable consequences of Vodafone's recently-announced EUR 7.2 billion deal to acquire cable provider Ono is the need for smaller Spanish operators to join forces in order to compete. The country's three regional cable operators – R, Telecable and Euskaltel, present in Galicia, Asturias and the Basque Country respectively – are the next in line according to Rosalia Portela, CEO of Ono. "These companies need volume", said Portela in an interview with Spanish daily ABC. "And the most reasonable way forward for them is to gain it with us. But this is like the wedding, both parties

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