Jazztel, the second largest publicly traded Telecom operator in Spain that I founded in 1999 has recently turned cash flow positive. It was a long struggle but it finally happened. And growth was significant with 140K new customers for ’08 to a total of around 375K by year-end 2008, and revenues of 350 million euros. Moreover for ’09 Jazztel expects revenue to grow to 450 million euros and EBITDA to grow from 6 million to 40 million. It seems that not all news is bad in times of crisis as customers are looking more and more for better Telco offers and Jazztel has one that consumers in Spain like. Other than congratulating the management team led by Jose Miguel Garcia that achieved these results, I would like to mention a key part of Jazztel´s new strategy is a new focus on uploading. When I used to run Jazztel, everything was about downloading speeds but with the rise of the social web activity now is all about communities and sharing and uploading has become particularly important. Anexo M, Jazztel´s new offer provides up to 20MB of download speeds and an impressive 2.5MB of uploading speed. So Jazztel has made it its objective to the the fastest operator with whom to upload pictures or videos and this offer is being very well received over here.

Disclosure: I do not own Jazztel shares or bonds.

Follow Martin Varsavsky on Twitter: twitter.com/martinvars

No Comments

Ben BCN on March 10, 2009  · 

It was sucha a pitty the agreement between Fon and Jazztel didn’t got further and become true. What happened actually? Was it the same management team at Jazztel? Weren’t the really interested in the deal?

3.0 rating

AlejandroPérez on March 10, 2009  · 

Martín hombre, siendo Jazztel una empresa para un mercado muy concreto, el español, no estaría de mas que hagas un apunte en tu versión española de este blog para que los usuarios lo conozcan. Se que cuando se piensa en inglés mejor escribirlo así, pero me parece interesante también para los españoles.


3.0 rating

BJ on March 10, 2009  · 

That is great news! and very observant to the needs of today.

— I also hope they invest to improve their support processes. Last week (6 days) we were not able to access any subdomain on wordpress.com -> read… all hosted blogs on wordpress.com were not accessible.
For some reason they felt the need to create 3 ‘tickets’ as phone and web support are not using same support system. No updates on either yet… but I did notice it has been fixed.

3.0 rating

parq on March 10, 2009  · 

“Disclosure: I do not own Jazztel shares or bonds.”

It’s a pitty!! Now it’s becoming profitable.
Do you have some contact to buy some? 😉

3.0 rating

Leave a Comment

Español / English

Subscribe to e-mail bulletin:
Recent Tweets