Spanish cable operator ONO is to receive a E200 million shareholder loan as part of its refinancing. ONO will have immediate access to E125 million immediately with E75 million in liquidity reserve. The shareholder contribution is a boost to ONO's restructuring efforts though it needs more cash to meet debt covenants and a bond issue or rights issue are still under discussion.

Other posts by :

1. AsiaSat hits Zee and JioStar with legal actions
2. Nvidia unveils orbital chip/computer for AI and data
3. Space Sector: ‘Profound Acceleration in 2026’
4. Starcloud wants 88,000 satellites
5. Lynk Global requests “experimental” satellite access
6. Safran Space links laser direct to satellite
7. SpaceX fearful of AST SpaceMobile’s potential?
8. Equatys wants 2,800 new satellites
9. FCC eyes freeing up Weird Space Stuff spectrum

Categories: Articles, Broadband, Cable