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Zegona snaps up Spain's Telecable for 640m

2015-07-27 02:00:00| Total Telecom industry news

Investment firm led by former Virgin Media CFO pledges to turn triple-play provider into a fierce regional competitor.

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Spains Ciudad Real Central Airport sold for 10,000 in bankruptcy auction

2015-07-20 01:00:00| Airport Technology

Ciudad Real Central Airport, an abandoned airport in Spain which cost 1bn to build, was sold for 10,000 at a bankruptcy auction.

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Spain's faster 4G services won't fully arrive until 2018

2015-07-09 18:35:00| Telecompaper Headlines

(Telecompaper) The launch of faster LTE-A 4G services in Spain will take place gradually to avoid disruption of digital TV services and will not be complete until March 2018, according to the agency in charge of monitoring its deployment. The 800 MHz band frequencies previously used by digital terrestrial TV (DTT) were released for 4G use from April, and the new mobile transmissions will need careful monitoring as they are switched on, the llega800 agency said.

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Wabtec acquires Spain's Metalocaucho; Allegheny Technologies...

2015-06-18 09:08:48| Railroads - Topix.net

Wabtec Corp., the Wilmerding-based manufacturer of products for the rail industry, announced the acquisition of Metalocaucho, a Spanish developer of components used on high-speed, inter-city passenger transit cars. The purchase "expands our geographic footprint in key markets with key customers and broadens our existing portfolio of specialty rubber components," said Wabtec president and CEO Raymond Betler in a news release.

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Virgin interested in acquiring Spain's Yoigo - report

2015-06-12 10:01:00| Telecompaper Headlines

(Telecompaper) The Virgin Group has expressed an interest in acquiring TeliaSonera's Spanish subsidiary Yoigo, according to unnamed sources cited in business daily El Economista. The negotiations are being led by Juan Villalonga, former chairman and CEO of Telefonica, who now acts as business advisor to Virgin Mobile Latin America (VMLA) and is co-founder of the investment fund Emergent Telecom Ventures. Yoigo declined to comment on Virgin's potential interest in the company, which is currently Spain's fourth mobile network operator with a share of just over 6 percent of total service revenues. When TeliaSonera sought to dispose of its Yoigo stake in 2012, it failed to attract bids matching its EUR 1 billion valuation from interested companies such as Vodafone and Orange.

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