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.

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  • Sector
    TMT
  • Country
    Spain
  • Fund
    EQT Mid Market Europe
  • Entry
    2016
  • Web
  • Exit
    2022-03-01
  • Societal Contribution

  • 4Quality education
  • 9Industry, innovation and infrastructure
  • 10Reduced inequalities
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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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