MásMóvil passes fixed-line milestone

Spanish service provider MásMóvil has passed the milestone of three million fixed-line broadband customers following its acquisition of northern Spanish regional cable operator Euskaltel and continued organic growth.

The group now counts over 26.5 million homes passed by its fibre network. Via its MásMóvil, Yoigo, Pepephone, Llamaya, Euskaltel, R, Telecable and Virgin telco brands it now offers speeds of up to 1Gbps, with 97% of its customers taking some form of ultra-fast broadband.

The company, which has grown its fixed base from only 122,000 homes at the end of 2016. Of the three million fixed-line customers it now has, some 1.2 million take additional services including the Agile TV offering it provides on its pre-Euskaltel network using technology from Huawei, along with finance, security, energy, smart home services and telemedicine.

Announcing the milestone, MásMóvil attributed its strong growth in fixed-lien to a successful compartmentalisation of its offerings, with sub-brands all offering converged mobile and fixed-line services, a network that has been deployed rapidly and covers rural as well as built-up areas, and a high level of customer satisfaction.

“The group has continued to maintain a solid momentum of organic growth during the year and thanks also to acquisition of the Euskaltel Group we are very pleased to have surpassed three million fixed-line customers in very little time. We are working tirelessly to continue to have the highest satisfaction levels in the market for our services,” said Meinrad Spenger, CEO of MásMóvil.