Announced
Financials
Sources
Tags
Satellite
Private
Majority
satellite services
Friendly
Acquisition
Spain
Domestic
telecommunication services
Pending
Synopsis
Asúa Inversiones, Beraunberri, Inveready and Onchena to acquire EKT Cable, a cable access network, from Euskaltel, a telecommunications provider, and MASMOVIL, a provider of telecommunication services, for $592m. Through this operation and once the deployment of the new fiber optic network is completed, 100% of the 2.3m homes that make up the current footprint of Euskaltel's network will be FTTH and will be able to enjoy the most advanced services of telecommunications.
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