Divestments
Adamo
The fast growing challenger in the Spanish fixed telecommunication market.
Adamo provides high-speed internet services via its own fiber-based access network in Spain.
- Sector
TMT
- Country
Spain
- Fund
EQT Mid Market Europe
- Entry
2016
- Exit
2022
Website
About Adamo
Adamo is a fast growing challenger in the Spanish fixed telecommunication market. The company has a highly dedicated customer focus and provides high-quality and high-capacity services at competitive prices. The company has been a pioneer in the Spanish market being the first operator to provide 100 Mbit/s, 300 Mbit/s and 1 Gbit/s services via fiber.
Market trends and drivers
Spain is experiencing significant growth in fiber to the home (FTTH) penetration and the deployment in Spain is supported by inexpensive duct availability allowing for fiber roll-out with relatively low capex needs.
Adamo is expected to benefit from the strong growth trends in data consumption, driven by the increasing usage of streaming services, cloud applications, and other data-intensive services.
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