M&A Deal Summary |
|
|---|---|
| Date | 2017-05-16 |
| Target | Telecable de Asturias S.A.U. |
| Sector | Communications |
| Buyer(s) | Euskaltel |
| Sellers(s) | Zegona Communications |
| Deal Type | Divestiture |
| Deal Value | 686M EUR |
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| Category | Company |
|---|---|
| Founded | 1995 |
| Sector | Communications |
| Employees | 578 |
| Revenue | 678M EUR (2020) |
Euskaltel is the telecommunications provider and sole cable operator in the Basque Region of Spain. Euskaltel provides fixed-line, broadband and pay TV services to consumers and corporates, and mobile services as a Mobile Virtual Network Operator (MVNO). Euskaltel has a competitive advantage compared to other players in the region given its capability to offer high speed broadband services through its state-of-the-art fibre to-the-node network. Euskaltel was founded in 1995 and is based in Derio, Spain.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Communications) | 2 of 2 |
| Type (Divestiture) | 1 of 1 |
| Country (Spain) | 2 of 2 |
| Year (2017) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-27 |
R Cable y Telecomunicaciones Galicia S.A.
Spain R Cable y Telecomunicaciones Galicia, S.A. (dba Operador R) offers a range of high quality products, including fixed telephone lines, broadband, pay-TV. |
Buy | €1.2B |
| Category | Company |
|---|---|
| Founded | 2015 |
| Sector | Communications |
| Employees | 12 |
Zegona Communications is an invester and operates businesses in the European Telecommunications, Media and Technology (TMT) sector. Zegona Communications was founded in 2015 and is based in London, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Communications) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Spain) | 1 of 1 |
| Year (2017) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-27 |
Telecable de Asturias S.A.U.
Gijon, Spain Telecable de Asturias S.A.U. offers cable broadcasting and telecommunication services. It provides cable transmission, mobile and landline communication, and broadband services. |
Buy | €640M |
