Business
EUSKALTEL ANNOUNCES PLAN FOR GROWTH
EUSKALTEL ANNOUNCES PLAN FOR GROWTH.
About this update from Zegona Communications Plc
[{"type":"text","content":"\n \n \n RNS Number : 7404F\n Zegona Communications PLC\n 11 March 2020\n \n \n \n \n NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OR TO ANY US PERSON, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA\n OR ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA (OTHER THAN SPAIN)OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION, PUBLICATION OR RELEASE WOULD BE UNLAWFUL.\n \n \n \n \n \n \n \n \n ZEGONA COMMUNICATIONS PLC (\"Zegona\")\n \n \n \n \n \n LEI: 213800ASI1VZL2ED4S65\n \n \n 11 march 2020\n \n \n \n \n \n EUSKALTEL ANNOUNCES PLAN FOR GROWTH\n \n \n \n \n Euskaltel yesterday published its 2020-2025 Business Plan setting out its key strategic initiatives and anticipated financial results for the next 5 years. The plan details the actions being taken to grow in its existing core regions, to expand using the Virgin brand to offer high value services to customers across Spain, and to continue to drive operational efficiencies through a single integrated organisation.\n \n \n Further details on Euskaltel's Business Plan and its financial projections for the 2020-2025 period can be found at \n https://www.euskaltel.com/CanalOnline/investors\n .\n \n \n Eamonn O'Hare, Zegona's Chairman and CEO, commented, \"Euskaltel's 2020-2025 Business Plan sets the business on an exciting growth trajectory. The combination of increasing its market footprint with a continued focus on operating efficiency is expected to lead to positive results for the existing business. José Miguel and his team have a great track record of building a highly valued national business from their time at Jazztel, which makes us highly confident in their National Expansion plans. Addressing the 85% of the Spanish market where Euskaltel is not currently present using the well-recognised Virgin brand creates a major new growth driver which is expected to transform the financial profile of the business.\"\n \n \n \n \n Enquiries\n \n \n Tavistock (Public Relations adviser)\n \n \n Tel: +44 (0)20 7920 3150\n \n \n Lulu Bridges - \n \n [email protected]\n \n \n \n \n Jos Simson - \n \n [email protected]\n \n \n \n \n \n \n About Zegona\n \n Zegona was established in 2015 with...