Euskaltel

Derio, Spain Founded: 1995 • Age: 31 yrs Acquired By Kaixo Telecom
Voice and data communication services provider
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About Euskaltel

Euskaltel is a company based in Derio (Spain) founded in 1995 was acquired by Kaixo Telecom in March 2021.. Euskaltel has completed 1 acquisition, including Telecable. Euskaltel offers products and services including Fiber Internet, Mobile Plans, and TV Services. Euskaltel operates in a competitive market with competitors including Hong Kong Broadband Network, KPN, Orange Polska, Cogeco and British Telecom, among others.

  • Headquarter Derio, Spain
  • Stage Public
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Euskaltel, S.A.U
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Kaixo Telecom

    (Mar 27, 2021)

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Products & Services of Euskaltel

Euskaltel offers a comprehensive portfolio of products and services, including Fiber Internet, Mobile Plans, and TV Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

High-speed internet using fiber optics for reliable connectivity

Data and voice plans with 5G coverage for mobile users

Packages including streaming platforms for on-demand content

People of Euskaltel
Headcount 500-1000
Employee Profiles 16
Board Members and Advisors 6
Employee Profiles
People
Meinrad Spenger
CEO
People
Jose Angel Rua Portu
Analista De Sistemas
People
Alfonso Encina
Internet Ciber Security Risk Manager
People
Garikoitz Ortiz Lujua
Técnico De Telecomunicaciones

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Funding Insights of Euskaltel

  • Total Funding
  • Total Rounds 3
  • Last Round
  • First Round
  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2019 Amount Post-IPO - Euskaltel Valuation

investors

Feb, 2016 Amount Grant - Euskaltel Valuation

investors

Oct, 2012 Amount Private Equity Round - Euskaltel Valuation Trilantic Europe , Investindustrial
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Euskaltel

Euskaltel has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Zegona Communications plc and Trilantic Europe. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
PE firm invests in Europe
Founded Year Domain Location
Buyouts are targeted by this private equity investment firm.
Founded Year Domain Location
Cable telecommunications services are operated across the United Kingdom.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Euskaltel

Euskaltel has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Telecable. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Telecom operator in Asturias region of Spain
1995
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Euskaltel

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Euskaltel Comparisons

Employees
+
Add Comparison
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Competitors of Euskaltel

Euskaltel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hong Kong Broadband Network, KPN, Orange Polska, Cogeco and British Telecom, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of fibre optic broadband internet services
domain founded_year HQ Location
Mobile and fixed-line telecommunication services are provided across Europe.
domain founded_year HQ Location
Telephony, internet, and data transmission services are provided in Poland.
domain founded_year HQ Location
Fiber-optic internet, TV, and fixed-line telephone services provider
domain founded_year HQ Location
Provider of mobile phones and fiber broadband services for home & business
domain founded_year HQ Location
Wireless, TV, internet, and media services are provided across Canada.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Euskaltel

Frequently Asked Questions about Euskaltel

When was Euskaltel founded?

Euskaltel was founded in 1995 and raised its 1st funding round 17 years after it was founded.

Where is Euskaltel located?

Euskaltel is headquartered in Derio, Spain. It is registered at Derio, Pais Vasco, Spain.

Who is the current CEO of Euskaltel?

Francisco Arteche Fernandez Miranda is the current CEO of Euskaltel.

What does Euskaltel do?

Euskaltel provides telecom services to the residential as well as businesses. Its residential services include broadband, TV, and fixed telephony through its own fiber network. It provides mobile services through an MVNO partnership with Vodafone. It provides tailor-made solutions for business customers including financial institutions, healthcare, and government organizations. It also provides wholesale communication services including leased lines, data, and voice services. As of July16, Francisco Arteche serves as the CEO of the company.

Who are the top competitors of Euskaltel?

Euskaltel's top competitors include KPN, Ciena and Rogers.

What products or services does Euskaltel offer?

Euskaltel offers Fiber Internet, Mobile Plans, and TV Services.

How many acquisitions has Euskaltel made?

Euskaltel has made 1 acquisition, including Telecable.

Who are Euskaltel's investors?

Euskaltel has 5 investors. Key investors include European Union, Zegona Communications plc, Trilantic Europe, Investindustrial, and Kaixo Telecom.

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