Draft:Eurona

• Comment: Fails WP:NCOMPANY, lacks any sources or references. Dan arndt (talk) 06:42, 29 October 2024 (UTC)

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Eurona is a telecommunications, multi-connection and Internet services company listed on the Spanish Alternative Stock Market (MAB). Eurona was created by the engineer and entrepreneur Jaume Sanpera in 2001 to bring Internet to rural areas, expanding the company to other areas such as satellite Internet, Wi-Fi for airports and hotels and wholesale voice services. Eurona grew exponentially from 2010 to 2016, going from €6 to €150M in sales thanks to organic and inorganic growth.

History

Eurona was founded in 2001 by Jaume Sanpera Izoard as a telecommunications network engineering company. In 2006, it began its activity towards the exploitation of these networks as an operator, offering Internet access and telephone services in Spain and with the acquisition of companies such as Europa Networks, in Murcia, or CostaBlanca, in Alicante. In the following years, Eurona, under the direction of Jaume Sanpera, bought up to 12 local operators, carrying out a build-up of the rural Internet access market.

In 2010, Eurona went public, trading on the MaB (Mercado Alternativo Bursátil), which has allowed it to confidently undertake new expansion plans.

In 2011, Eurona joined forces with the British company Brisknet to open Briscona – a subsidiary in the United Kingdom – and to enter Panama and the Latin American market, Eurona joined forces with local partners and installed and operated Internet access in rural environments through Wimax technology, the same work it does in Spain and the United Kingdom.

In 2014, it bought a 5G license from Clearwire for Spain and deployed the first LTE network in just 3.5Ghz in Europe.

Eurona already occupied a reference position in the sector thanks to its presence in 28 Spanish airports, through Kubi Wireless, the operator that the company acquired in 2013 and which is responsible for managing multi-connections in large areas.

In 2016, it acquired the companies Quantis Global, Hablaya, Sultan Telecom and Stoneworks. Quantis was the second satellite operator in Spain and the first in Morocco, thus creating the first retail operator in Europe. Sultan Telecom, an operator focused on the VoIP business, provides services to PTTs, mobile operators, resellers and wholesalers, offering termination to a wide variety of international destinations.

The agreement with Aena as a digital partner is a commitment to the development of digital services for passengers, which in addition to Wi-Fi connectivity includes other services such as premium contracts and roaming or those provided through its App for smartphones, which include information on flights and boarding gates, reservations in airport parking lots or airport information.3

One of the company's axes of growth is the hotspot area for the hotel sector, with nearly 40,000 connected rooms, as well as the retail sector in shopping centres and large distribution areas.

From 2010 to 2016, Eurona carried out 6 capital increases, from 1M to 15M. In 2017, a capital increase worth 46M euros was launched, which was finally subscribed by Magnetar. In October 2017, Jaume Sanpera, the company's founder, left his position as CEO and top executive. At that time, the company was trading at €1.97 per share, with Fernando Ojeda taking over. In January 2018, he left his position as President, appointing Belarmino Garcia to the board of directors.

Company

The CEO of Eurona:

Fernando Ojeda Under this, four business units are created, led by general managers, and four functional departments. The first are:

A Satellite A 4G A Hotspot A Voice Revenue With this contract and the operating model that is already incorporated in the Strategic Plan, the group is making progress in fulfilling its Horizon 2018 Strategic Plan, in which the Hotspot business unit will reach 45 million euros in revenue over the next three years. In fact, the operator expects sales in this area to grow by 50% in 2015 compared to the previous year, reaching 10.5 million. 4​

Shareholders

Eurona was founded by 39 small shareholders, none of whom controls more than 10% of the capital. Two of them are Jaume Sanpera and Oriol Tintoré, who were in charge of the company in its early stages, but the identity of the other shareholders has not been revealed.5​

It has 29,327,445 shares in circulation and a market capitalisation of €74,160,200 at €2.50 per share (11/09/2015). Since its listing on the MaB (15/12/2010) at €1.10, it has appreciated by 130%.