Virgin Telco, Euskaltel’s subsidiary for the whole Spanish market, has surpassed 50,000 customers some two months ahead of schedule following “strong growth” in October, adding 30,000 subscribers, 21,000 in fixed broadband and almost 9,000 in mobile broadband. “We are very proud of this milestone”, said CEO of Euskaltel, José Miguel García. “We have managed to […]
The fourth largest telco operator in Spain, MásMóvil, is now controlled with a 99.32 per cent by Funds KKR, Cinven and Providence, through Lorca Bidco – and has been removed from the Stock Market after eight years of operation. Speculation is increasingly mounting about a possible merger with Vodafone to become the second largest telco […]
BT has published its results for the half year to September 30th. The telco described its revenue as being “relatively resilient” at £10.59 billion (€11.74bn), down 8 per cent – largely attributed to the impact of Covid-19 including reduced BT Sport revenue and a reduction in business activity in its enterprise units, and declines in […]
In the first nine months of the year, Orange Spain saw its revenues fall by 5 per cent to €3.7 billion with residential revenues even declining more with a cut of 6.5 per cent. The ongoing pandemic, along with the tough commercial battle in the market and the entry of new low-cost companies, has brought […]
Virgin Telco’s expansion has driven Euskaltel to a significant growth with a Q3 profit to September 30th of €52.1 million, up 24.5 per cent. In the third quarter, Virgin Telco managed to increase the number of customers by 30,000 – close to the 35,000 mark initially targeted for year end. This had a very positive […]
The Federal Communications Commission has amended its rules governing unlicensed wireless services provided over spectrum in the television broadcasting bands – the so-called TV White Spaces (TVWS). The amended rules will allow for expanded use of this spectrum for the delivery of broadband services in rural and underserved communities while protecting broadcast television stations and […]
Whip Media Group, has announced that Magenta Telekom, a Deutsche Telekom subsidiary in Austria, has completed the implementation of Whip Media’s Content Value Management (CVM) platform to manage its VoD business. Magenta Telekom is a provider of internet and mobile communications, entertainment and business solutions in Austria with 2,500 employees and a generated revenue of […]
A shareholders meeting has given the green light for the exit of MásMóvil, the fourth largest telco in Spain, from the Stock Market. The acquisition by the funds by KKR, Cinven and Providence, owners of 90 per cent of the company, has been a success and the exit is scheduled for the beginning of November. […]
The continued strong interest and engagement from the investment community in the UK’s independent network sector must be sustained if the UK wants achieve status as a gigabit nation, according to trade association the Independent Networks Co-operative Association (INCA). A Point Topic report commissioned by INCA shows over £1.76 billion (€1.95bn) worth of private funding […]
BT is expanding its multinational customers’ choice of cloud-based audio and video collaboration managed services with the addition of Zoom Meetings to its portfolio. It follows the signing of a new carrier agreement between BT and Zoom Video Communications. The agreement means BT will now offer a fully managed Zoom Meetings service featuring a choice […]