Annual Report 2012 - Ono

Who is ONO?
The history of ONO
This new vision of communications began
over twelve years ago, with the rollout
into the first regions of a powerful,
modern network that ONO has constructed
kilometre by kilometre until it now covers
45,000 km across all the geography of
Spain.
In 1998, the Spanish telecommunications
market was liberalised, and following the
entry into force of the General Law on
Cable Telecommunications 42/95, ONO
was able to compete in the tenders that
were called. As a result, the Company
obtained the licenses needed to roll out
its network, and began to provide cable
telecommunications services in Valencia,
Castellón, Alicante, Murcia, Cádiz, Huelva,
Cantabria, Mallorca and Albacete using
its own network, becoming the main
alternative to the dominant operator.
As the company deployed its state-of-theart
network in its regions, consumers began
to realise the advantages of the Triple Play
services it provided.
At the end of 2002, ONO was already
present in about one third of all homes that
could receive its services. One year later,
ONO won the license to operate in Castilla
-La Mancha, and in 2004 it acquired the
telecommunications operator Retecal in
Castilla y León.
In 2005, ONO made the definitive step that
gave it the national scale that it currently
enjoys, by buying Auna, the cable company
with the largest proprietary network in the
regions where ONO was not present. As
a result of this acquisition, ONO merged
its services with those of another leading
company to create the business that is now
Grupo Corporativo ONO, which has high
capacity for providing advanced telecoms
services, benefiting its customers and
responding to their needs with reliable and
highly useful communications solutions.
In 2008, ONO launched high-speed
Internet in various regions and in 2010
became the only operator that was able to
offer these speeds to millions of customers.
At the end of 2011, ONO launched in
some regions in Spain its next generation
television service TiVo®, which in 2012
consolidated its position as the most
sophisticated service currently available in
the pay-TV market in Spain, available for all
ONO’s customers.
In early 2012, ONO completed the roll-out
of DOCSIS 3.0, one of the most modern
and advanced technologies in the market,
enabling it to offer ultra-fast Internet
speeds over its fibre optic network. The
implementation of this technology makes
it possible to offer real browsing speeds of
50, 100 and 200 Mb. This major investment
in infrastructure has allowed ONO to
position itself as the only company in
Spain with its own fibre network covering
practically the entire country.
In addition, 2012 saw the consolidation of
the Company’s mobile telecoms service.
A leader in high-speed connections, ONO
was able to adapt to the requirements of
the market and upgrade its mobile offering,
with very competitive plans that have been
a major commercial success.
In the year, ONO also successfully
completed its refinancing. In October
2010, ONO began this process, which
ended in June 2012. Following a number
of bond issues and the renegotiation of
its bank debt, ONO was able to establish a
solid and stable capital structure.
The financial transactions completed
over the course of the last two years
demonstrate the confidence of investors
in the Company, in a challenging economic
and competitive environment, and allow
ONO to embark on a new stage of flexibility
and stability.
ONO continues to move forward under the
vision of offering its customers innovative
and high quality services.
ONO in 2012
Who is ONO?
Corporate profile
The history of ONO
The shareholders
Organisational
structure
Management team
What does ONO do?
ONO’s
Responsibility
Financial analysis
Corporate
Governance Report
The Figures
Annexes
Contact
Information
Print
Report
The Figures
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