0
General

Telecable revenues up 5.7% to EUR 35 mln in Q1

Wednesday 22 June 2016 | 09:32 CET | News
Spanish regional broadband operator Telecable reported revenues up 5.7 percent year-on-year to EUR 34.9 million in the first quarter of 2016. The operator was acquired last year by UK-based investment vehicle Zegona, which said the first quarter revenue growth was the highest in six years. Telecable's EBITDA increased by 3.7 percent to EUR 16.6 million, while cash flow grew 11.1 percent to EUR 8.8 million. Zegona added that the strong performance was underpinned by the recent consumer price rise of EUR 2 per month as well as progress in growing the operator's mobile and business divisions. It

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: General
Companies: Telecable / Yoigo / Zegona
Countries: Spain
::: add a comment

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

Checkley named new Zegona CFO

Published 06 Feb 2017 08:40 CET | Spain
UK-based telecommunications investment vehicle Zegona, owner of Spanish broadband operator Telecable, announced the appointment ...

Spain's Telecable reports sales up 1.5% to EUR 34 mln in Q3

Published 21 Nov 2016 08:39 CET | Spain
Spanish broadband operator Telecable, present in Asturias, reported revenues of EUR 34.2 million in the third quarter, up 1.5 ...

Telecable revenues up 3.1% to EUR 34 mln in Q2

Published 07 Sep 2016 08:25 CET | Spain
Spanish regional broadband operator Telecable, present in Asturias, reported revenues up 3.1 percent to year-on-year to EUR 34.3 ...

Zegona pulls out of Yoigo talks, MasMovil confirms 100% buy

Published 22 Jun 2016 08:38 CET | Spain
MasMovil has announced that it's now Spain's fourth national telecommunications operator after confirming the acquisition of 100 ...

Telia to sell Yoigo stake to MasMovil for EUR 479 mln

Published 21 Jun 2016 09:56 CET | Spain
Swedish telecommunications group Telia has agreed to sell its 76.6 percent stake in Spanish mobile operator Yoigo to MasMovil for ...

MasMovil close to finalising preliminary deal for Yoigo

Published 21 Jun 2016 08:29 CET | Spain
Spanish operator MasMovil is set to finalise a preliminary deal with equity group Providence that would enable it to acquire the ...

Zegona revenues up 2.7% in 2015 as Telecable grows in Q4

Published 08 Mar 2016 10:35 CET | Spain
Zegona, an investment vehicle set up by former Virgin Media finance director Eamonn O'Hare, which last year acquired Spanish ...

Spain's Telecable unveils new range of mobile tariffs

Published 29 Jan 2016 15:17 CET | Spain
Spanish regional broadband provider Telecable, present in Asturias, has launched a new range of mobile plans just a month after ...

Spain's Telecable to raise price of convergent plans

Published 21 Dec 2015 10:40 CET | Spain
Spanish regional broadband provider Telecable, present in Asturias, is the latest operator to announce a price hike, reports ...

Telecable unveils 500 Mbps fibre service for extra EUR 10

Published 20 Nov 2015 15:31 CET | Spain
Spanish regional broadband operator Telecable, present in Asturias, has launched a new 500 Mbps download and 30 Mbps upload ...

Zegona acquires Spain's Telecable for EUR 640 mln

Published 27 Jul 2015 10:23 CET | Spain
Zegona, an investment vehicle set up by former Virgin Media finance director Eamonn O'Hare, has reached an agreement to acquire ...