Euskaltel is the leading convergent telecommunications group in Northern Spain and continues to be strongly committed and deeply rooted in the Basque Country, Galicia and Asturias, markets where it operates through Euskaltel, R and Telecable.

The telecommunications group offers its services to a market of 6 million people and serves over 800,000 residential customers and companies. Euskaltel, R and Telecable are leaders in the Basque Country, Galicia and Asturias, respectively, with a strong customer base and complementary business models. It is a mobile operator with own 4G licence in the Basque Country, Galicia and Asturias and has the largest owned fibre optic network deployed on its market.

In the last decade, the group has allocated over EUR 140 million to R+D+i.

In the Basque Country, Euskaltel, S.A. is the leading telecommunications operator that provides mobile and landline telephone services, broadband and digital television. Euskaltel?s accumulated investment stands at EUR 1,900 million, the highest of the sector in Spain: 860 euros per inhabitant. In the last decade, Euskaltel has contracted EUR 2,500 million with Basque suppliers and has allocated over EUR 100 million to R&D&i.

In Galicia, R offers advanced high-speed internet services (up to 500 MB), digital TV, landlines and mobile lines, and has been the preferred option in Galician homes and companies for years wherever its optic fiber network is deployed. To date, R has invested almost 1.3 billion euro in this project for Galicia, where it already has a presence in some 130 municipalities where it provides services to around 300,000 clients, both residential and corporate.

In Asturias, Telecable has been the key agent in developing the information society since 1995; it is the leader in pay TV and holds a market share of 35% in broadband and 20% in mobile services. The Asturian company continues to expand its services based on the technological advantages of optic fiber.

2018 Milestones

EBITDA
336.4 MILLION
EUROS
TOTAL REVENUE
691.6 MILLION
EUROS

CASH FLOW OF 182.9 MILLION
EUROS

PROFIT OF 62.8 MILLION
EUROS