ONO (operator telecom)

ONO is an important Spanish group which has various titular subsidiary companies of licenses for the exploitation of networks of Télécommunications opened to the public in Spain and with the Portugal. ONO is the most important cable television operator in Spain, in particular since the repurchase in 2005 of its main competitor Auna .

Its trade, its customers

ONO operates in the sector of communication and information technologies (TIC). Within this sector, ONO belongs to the die of the service providers of telecommunications, also called operators.

Its customers include private individuals, companies of all sizes and other operators wishing to convey traffic voice or data in Spain or with the international one.

ONO deploys and has into clean its infrastructure of network. It is independent of that of the historical operator, which enables him to better control its offer of service and to obtain more important tariff margins. It uses mainly a network of câblo-distribution, based on a hybrid architecture containing fiberoptic and of coaxial cable. In certain areas like Corogne, it uses nevertheless also an offer of deblocking proposed by the historical operator.

Principal fixed services

ONO provides a complete range of telecommunication services, which include in particular:

Main competitors in the fixed one

Telefónica, the old historical monopoly
Orange (e.g. Uni2 Telecomunicaciones, subsidiary of France Telecom)
Ya.com (Subsidiary company of Deutsche Telekom in the course of repurchase by Vodafone)
Jazztel
Euskaltel

ONO holds 78% of the market of the cable (the 22% remainders are divided between 5 independent companies, including Telecable in particular) and is number 4 on the market of high banc.

Activities on the mobile market

Competition on the market of the mobile is concentrated in Spain around three actors:

Telefónica of Moviles, related to the old historical monopoly
Vodafone
Orange (e.g. Brought, repurchased by France telecom)

The market is theoretically accessible since February 2006 for the other operators with the help of the signature from a accod MVNO. In practice, the new entrants face difficulties with, according to regulatory agency (CMT - Comisión del Mercado of mow Telecomunicaciones de España), of the “indices of tacit collusion and joint control”. ONO subjected a request with an aim of obtaining a license of virtual mobile operator MVNO and negotiates an agreement with Telefónica to use its network.

Structure of the shareholding

Principal shareholders of ONO:

JP Morgan Partners (15,16%)
Providence Equity (15,16%)
Thomas H.Lee Company (15,16%)
Quadrangle Group (7,79%)
Multitel (17,33%)
Others (29,4%)

Principal subsidiary companies

Cableuropa (100%)
Auna (100%)

History

January 1998 - Opening of services by means of various concessions of distrubtion by the cable
July 2005 - France Telecom repurchases Amena, the third mobile operator in Spain, and subsidiary of the Auna group, within the framework of a trasaction estimated at 6.4 billion euros.
August 2005 - ONO signs an agreement with the shareholders of bearing the Auna group on the acquisition of its subsidiary company of fixed services within the framework of a transaction estimated at 2,2 billion euros
November 2005 - Integration of the two companies, which leads to the training of the most important alternative operator in Spain. Acquisition is done with the assistance of companies of capital risks (JP Morgan Partners, Providence Equity, Thomas H.Lee Company, GE Capital Services Structures Finances Group, Inc., Quadrangle Group)
January 2006 - Social plan in preparation which affects 1.000 paid mainly at Auna.
June 2007 - ONO launches with Nortel of new telephone services on IP externalized (" ONO IP Centrex") on the market undertaken

Sources

Random links: