0
Broadband

Spain's Adamo closes EUR 250 mln funding to reach 1.5 mln underserved homes

Wednesday 25 March 2020 | 14:26 CET | News
Spanish broadband provider Adamo has secured EUR 250 million in a fresh funding round led by banks including BBVA, ING and Investec to continue expanding its FTTH network. In a statement, the company backed Swedish private equity group EQT said it intends to use the funds to pay back a previous EUR 100 million loan from last year and to accelerate plans to bring gigabit fibre-optic services to 1.5 million homes in digital divide areas by the end of this year.

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: Fixed
Companies: Adamo
Countries: Spain
::: add a comment
This article is part of dossier

Fibre


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 Adamo awarded EUR 72 mln govt grant for rural fibre rollout

Published 26 Nov 2020 09:18 CET | Spain
Spanish broadband provider Adamo has secured EUR 72 million in grants from the Ministry of Economic Affairs and Digital ...

Spain's Adamo cuts price of fibre and convergent plans to EUR 1 for 3 months

Published 25 Nov 2020 09:00 CET | Spain
Spanish broadband provider Adamo has announced a Black Friday offer designed to persuade new users to subscribe to its premium ...

Adamo to launch gigabit fibre in underserved Palencia localities

Published 12 Nov 2020 16:09 CET | Spain
Spanish broadband provider Adamo has announced the imminent launch of FTTH services at speeds of up to 1Gbps in the rural ...

Spain's Adamo ups mobile data at no extra charge

Published 29 Oct 2020 10:50 CET | Spain
Spanish broadband provider Adamo has followed recent moves by the majority of rival operators by increasing the data bundled with ...

Spain's Adamo offers free fibre and Netflix for 3 months in Halloween promo

Published 28 Oct 2020 10:28 CET | Spain
Spanish broadband provider Adamo has launched a Halloween-themed offer giving new subscribers to one of its convergent plans free ...

Ekinops helping Spain's Adamo expand into rural areas with FlexRate platform

Published 15 Oct 2020 08:54 CET | Spain
Optical network equipment supplier Ekinops announced a contract to supply its FlexRate optical transport product to help Spanish ...

Spain's Adamo offers free Netflix for 3 months in flash offer

Published 25 Sep 2020 11:26 CET | Spain
Spanish broadband provider Adamo has launched a flash offer giving new subscribers to one of its convergent offers three months' ...

Euskaltel inks deal to access Adamo's rural fibre network

Published 08 Sep 2020 10:36 CET | Spain
The deal also covers the 500,000 additional homes that Adamo hopes to reach this year, most in digital divide areas. The operator ...

Spain's Adamo revamps plans, offers free fibre for 4 months

Published 28 Aug 2020 08:59 CET | Spain
The basic Esencial plan now comes with 100Mbps fibre rather than 50Mbps, while subscribers to its Fast plan now receive 1Gbps ...

Spain's Adamo cuts price of gigabit fibre plans to EUR 1 for 3 months

Published 29 Jul 2020 14:14 CET | Spain
Spanish broadband provider Adamo has announced a flash offer designed to persuade new users to subscribe to its premium gigabit ...

Spain's Adamo commits to installing fibre if 30 residents request the service

Published 17 Jun 2020 15:18 CET | Spain
Spanish broadband provider Adamo has launched a new campaign in which it commits to installing a 1Gbps FTTH network in an ...

Spain's Adamo halves gigabit fibre cost over summer

Published 16 Jun 2020 09:05 CET | Spain
Spanish broadband provider Adamo has announced a summer promotion to persuade new users to subscribe to its 1Gbps fibre service ...

Spain's Adamo cuts gigabit fibre plans to EUR 1/mth for 3 months

Published 13 May 2020 10:28 CET | Spain
Spanish broadband provider Adamo has announced a time-limited promotion whereby users will be able to subscribe to its 1Gbps ...

Spain's Adamo offering free internet to disadvantaged pupils

Published 20 Apr 2020 09:32 CET | Spain
Spanish broadband provider Adamo has launched an initiative called "#Adamoayuda" to connect disadvantaged children in rural areas ...

Spain's Adamo offering 'free fibre' for 6 months in Black Friday promo

Published 20 Nov 2019 09:31 CET | Spain
Spanish broadband provider Adamo has announced a Black Friday promotion to persuade new users to subscribe to its premium gigabit ...

Adamo on course for 1 mln fibre homes after acquiring 5 regional networks

Published 31 Oct 2019 14:56 CET | Spain
Spanish broadband provider Adamo has announced the acquisition of 5 regional networks to accelerate the expansion of its FTTH ...

Czermin to take over as CEO of Spain's Adamo

Published 13 Sep 2019 09:40 CET | Spain
Spanish broadband provider Adamo has announced that Martin Czermin will take over as its CEO from its founder Fredrik Gillstrom ...

Adamo increases data on mobile plans, starts gigabit broadband promotion

Published 20 Aug 2019 15:20 CET | Spain
Spanish operator Adamo has revamped its mobile plans to offer customers more data with no change in price. Existing customers ...

Spain's Adamo cuts 1Gbps fibre price to EUR 19.15/mth in summer promo

Published 10 May 2019 15:21 CET | Spain
Spanish broadband provider Adamo has announced a promotion whereby users will be able to subscribe to its 1Gbps fibre service for ...

Adamo to expand fibre service to Extremadura in EUR 8 mln rollout

Published 05 Apr 2019 14:44 CET | Spain
Spanish broadband provider Adamo has announced plans to expand its FTTH service to rural localities in the region of Extremadura ...

Spain's Adamo offering free fibre for 3 months

Published 22 Feb 2019 15:23 CET | Spain
Spanish broadband provider Adamo has announced a short-lived promotion to persuade new users to subscribe to any of its fibre ...

Spain's Adamo secures EUR 100 mln for rural fibre expansion

Published 08 Feb 2019 14:08 CET | Spain
Spanish broadband provider Adamo has secured EUR 100 million in fresh funding from banks including ING, Santander and HCOB to ...





Calendar   /   Industry Events

01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec NGON & DCI World
01 Dec 5G Italy
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec GCX fiscal Q2
03 Dec Marvell Technology fiscal Q3
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
07 Dec SIPNOC 2020
07 Dec ECOC Exhibition
07 Dec Report: Dutch Mobile Operators 2020-Q3
07 Dec Report: Dutch Broadband 2020-Q3
08 Dec WebexOne
::: More Calendar Items