Zegona has announced that it is making significant progress in its strategy to return the Spanish cable operator Euskaltel to growth.
A key component of that strategy is to increase its influence on the Euskaltel board and to that effect Robert Samuelson, Zegona’s COO, has been reappointed as Zegona’s second proprietary director on Euskaltel’s board at an extraordinary shareholders’ meeting held on July 10.
At that meeting, shareholders also ratified the earlier appointments of Eamonn O’Hare, Zegona’s chairman and CEO, to the Euskaltel board and Jose Miguel Garcia as the new CEO of Euskaltel.