Jazztel
Encyclopedia
Jazztel is a telecom that operates in Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

 offering triple play services (telephone
Telephone
The telephone , colloquially referred to as a phone, is a telecommunications device that transmits and receives sounds, usually the human voice. Telephones are a point-to-point communication system whose most basic function is to allow two people separated by large distances to talk to each other...

, Internet
Internet
The Internet is a global system of interconnected computer networks that use the standard Internet protocol suite to serve billions of users worldwide...

 and television
Television
Television is a telecommunication medium for transmitting and receiving moving images that can be monochrome or colored, with accompanying sound...

). Jazztel was founded in 1998 by Martin Varsavsky
Martín Varsavsky
Martín Varsavsky is an Argentine entrepreneur based in Spain.Born to Carlos Varsavsky and Silvia Waisman-Diamond, Varsavsky attended primary school at the New Model School and the Colegio Nicolás Avellaneda high school....

. Jazztel is a Spanish company that is owned by a British company called Jazztel p.l.c. It was incorporated under the laws of England and Wales in July 1998. It is Registered in England and Wales with Company Number 3597184. Its Registered Office is at 20-22 Bedford Row, London, WC1R 4JS, UK. Jazztel p.l.c. is listed on the Spanish Nuevo Mercado since December 18, 2000.

Jazztel is currently growing customer base and EBITDA. As of the end of the first quarter of 2010 Jazztel had 680,000 customers and had grown 58% from a year before. Jazztel grew its EBITDA from €5,900,000 in first quarter 2009 to €15,700,000 in the first quarter of 2010.

Jazztel's competitive strategy consists in relying in its fiber-optic network combined with the use of Telefonica
Telefónica
Telefónica, S.A. is a Spanish broadband and telecommunications provider in Europe and Latin America. Operating globally, it is the third largest provider in the world...

's copper lines for terminations. Jazztel's growth is mainly due to the sales of ADSL
Asymmetric Digital Subscriber Line
Asymmetric digital subscriber line is a type of digital subscriber line technology, a data communications technology that enables faster data transmission over copper telephone lines than a conventional voiceband modem can provide. It does this by utilizing frequencies that are not used by a voice...

services but the company also resells TV and mobile services.

Jazztel's largest shareholder is Cuban-Spanish businessman Leopoldo Fernandez Pujals.
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