UK’s Zegona is reportedly negotiating with MásMóvil over the appointment of José Miguel García as CEO of Vodafone Spain, according to El País. The former CEO of Euskaltel, García signed a non-competition agreement with MásMóvil when it acquired Euskaltel, whereby García cannot take an executive role in a rival operator until the end of 2024. […]
Romanian telco Digi is performing well in Spain. significantly increasing its number of customers and revenues. The company has announced that it now has 6.1 customers after gaining 337,000 in the third quarter, making it the fourth largest telco in the country. Year-on-year Digi’s customer basis has grown by 32 per cent, over 1.5 million, […]
Following the UK fund Zegona’s takeover of Vodafone Spain, trade unions fear a massive wave of job cuts affecting up to half of its 4,000 workers. Zegona is looking to mimic MásMóvil which, with just 2,000 workers, is producing firm results – and also the example of Euskaltel. Vodafone’s financial results show that revenues fell […]
The latest report from consultancy firm GECA reveals that streaming users in Spain are increasingly migrating to OTT platforms with advertising – with the sector mow representing over 50 per cent of viewers. Since Netflix launched its ad-tier in the country, one in every two new subscribers has opted for the service with advertising. Prime […]
Spanish telco Telefónica has announced its GPS Plan (Growth, Profitability and Sustainability Plan) for the 2023-2026 period, with the aim of reaching 30 million FTTH homes passed, up from the current 20 million. Overall, the group will have 100 million FTTH passed homes worldwide by that date from the current 70.3 million. In a year, […]
The annual 4K UHD Summit in Malaga, Spain (November 13th-16th) says that 8K is still very much on the agenda of its participants. In particular Olivier Chiabodo, CEO at travel and conservation broadcast specialists The Explorers, and a speaker at the event, says that he expects China to have created an 8K high-resolution camera next […]
The Spanish public TV group CCMA (Corporacion Catalana de Medios Audiovisuales) has launched new streaming platform 3Cat, claiming to be a Netflix-esque service – but free of charge and in Catalonian. The service is aimed at a young audience, with programming based on series, entertainment programmes, documentaries, films, newscasts and children’s content with SX3 and […]
SEPI, Spain’s industrial public entity, is planning to acquire a 5 per cent stake in Telefónica. The move is aimed at strengthening the presence of the State in a “strategic company” such as Telefónica at a time when Saudi’s STC is taking an important stake in the operator, subject to the Government’s approval. According to […]
DAZN, the sports entertainment platform, has acquired the rights to broadcast Formula 1 exclusively in Spain for the next three seasons. Under the multi-year deal, DAZN will be responsible for the production of F1 in market until 2026. Racing fans can continue to watch all practice and qualifying sessions, F1 Sprint Events and Grands Prix […]
Mediapro, the sports rights and broadcast production group based in Spain, has confirmed that founding member and managing partner Jaume Roures will leave the company after nearly three decades. His exit came at the request of Mediapro majority shareholder Southwind Group, which controls over 80 per cent of the group, as well as minority shareholder […]