ECTA welcomes MASMOVIL and COLT as new members
Brussels, 6 February 2017: MÁSMÓVIL Group, the fourth telecoms operator with a convergent service offering in the Spanish Telecom market, and Colt Technology Services which provides world class high bandwidth connectivity services to global businesses of all sizes across Europe, Asia and North America have become Full members of ECTA.
"With Colt joining, this is an opportunity for ECTA to further strengthen its focus on the business market and highlight the needs of operators serving increasingly demanding enterprises as being distinct from those serving mass-markets,” indicated Gijs Phoelich, Chairman of ECTA. "Colt can help us drive the regulatory approach for business markets serving global enterprises that are increasingly expecting deep local attention. As the telecoms market continues its journey into high bandwidth territory, this membership will strengthen our call for the harmonisation of technical specificities and also required inputs for international business providers.”
"Being one of the major genuine challenger operators in Spain, competition is in MÁSMÓVIL’s DNA and we are very proud to count them as one of our members” underlined Luc Hindryckx, Executive Director of ECTA. "MÁSMÓVIL is the evidence that creating a Gigabit Society will require a collective effort and that a regulation that enables all players – large and small – to invest in new high speed networks and innovative services is needed. This membership also illustrates why competition should never be taken for granted and the importance of continually removing barriers to market entry”.
The common theme for both new and existing members of ECTA is to stand behind competition as the best driver of efficient investments and the greatest enabler of innovation, choice and benefits for citizens and businesses (as well as for the European economy as a whole). This is the key message ECTA and its members will promote in the discussions about the new European Electronic Communications Code.
To learn more about ECTA’s first analysis of the new Code, please click here.
About MÁSMÓVIL Group
MASMOVIL Group is the fourth telecommunications operator in Spain providing fixed, mobile, and datacentre services for residential, business and operators, through its brands Yoigo, MÁSMÓVIL, Pepephone and Llamaya.
The Group, originated in 1997, has managed to consolidate as a rapidly growing telecommunications’ operator, maintaining a continued policy of expansion combining through acquisitions and organic growth. Its’ philosophy is to have the most competitive offer in the market, both in price and quality of service, thus ensuring high customer satisfaction.
MÁSMÓVIL Group reach more than 1.1 billion euro revenues, EBITDA is over 110 million euros and has a total customer base over 4,5 million. MÁSMÓVIL Group also owns fixed and mobile infrastructures. 85% of the Spanish population is covered with its 4G network and the Company also has 7 million households available to commercialize FTTH services.
Listed at the MAB (Alternative Stock market) and with a market cap over 500 million euros, the company expects to be listed at the Main Spanish Stock Market by the end of the second quarter.
Colt provides high bandwidth services for enterprises and wholesale customers in Europe, Asia and North America’s largest business hubs. Colt enables the digital transformation of businesses through its intelligent, purpose-built, cloud-integrated network, known as the Colt IQ Network. It connects over 700 data centres around the globe, with over 24,500 on-net buildings and growing. Colt is also recognised as an innovator and pioneer in software defined networks (SDN) and network function virtualisation (NFV).
Colt has built its reputation on putting its customers first, with a focus on delivering true local presence and agility for enterprises that are global yet need local attention. Customers include data intensive organisations spanning over 200 connected cities in nearly 30 countries. Colt counts 19 of the top 25 global telecoms companies and 18 out of the top 25 global media companies (Forbes 2000 list, 2016) amongst its customers. In addition, Colt works with over 50 exchange venues and 13 European central banks. Owned by Fidelity Investments, Colt is one of the most financially sound companies in its industry, providing the best customer experience at a competitive price. For more information, please visit www.colt.net.
Contact: Aurélie Bladocha, Senior Public Affairs Manager
+32 478 78 61 00/ email@example.com