Automatically translated from Basque, translation may contain errors. More information here. Elhuyarren itzultzaile automatikoaren logoa

Euskaltel goes to Bolsa

9
years ago

01 July 2015,

Exit from Euskaltel to Bolsa. It was established in 1995 by the Basque Government and the Savings Banks of Araba, Bizkaia and Gipuzkoa with 12 billion public pesetas. Following the 2008 crisis, the government initiated a privatisation process, selling its shares to external companies. Since leaving the Stock Exchange, Euskaltel was held by other companies, cutting working conditions and services and distributing several million euros between the different addresses. In 2021 it was More Mobile who bought the telecommunications company, which was formerly created with 100% public money.

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