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General

Telecable revenues up 3.1% to EUR 34 mln in Q2

Wednesday 7 September 2016 | 08:25 CET | News
Spanish regional broadband operator Telecable, present in Asturias, reported revenues up 3.1 percent to year-on-year to EUR 34.3 million in the second quarter, compared to a 5.7 percent growth in the first quarter of 2016. UK-based investment vehicle Zegona, which acquired the operator a year ago, said the results built on the strong finish to 2015 and followed a consumer price increase of EUR 2 in January. "We are encouraged by the momentum in the business, underpinned by a consumer price rise and progress in growing the business and mobile segments," said Zegona chairman and CEO Eamonn

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Categories: General
Companies: Telecable
Countries: Spain
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