Traditionally, only large network operators offered their offerings in rural Spain. Today, with the help of alternative operators such as Finetwork, with 100% Spanish capital and headquarters in Elda (Alicante), the population of these territories can also enjoy connectivity at more affordable prices.
“It is undeniable that there continues to be a digital access gap in Spain, which is rapidly decreasing thanks to the investments that network operators continue to make in our country, who receive economic incentives from the State for this purpose,” comments Óscar Vilda, CEO. by Finetwork. “On the other hand,” he points out, “there is the question of price: although one or more fiber footprints reach a locality, as well as one or more quality mobile coverage, it is also important that the commercial offer at its disposal is accessible.” . This is where operators like Finetwork offer great value, because we make connections of the same quality available to citizens, but at prices adjusted to all budgets.”
Thus, in the case of this Spanish operator, convergent rates range between €18.90 per month and €34.90 per month (1Gb fiber + unlimited mobile data), prices forever. In addition, additional mobile lines start at just €2.90 per month, while the basic Choose TV television package costs €4.90 per month.
These prices differ enormously from the 54 euros that Spaniards pay, on average, for their fiber and mobile bill, according to a survey recently carried out by IO Research for Finetwork, as shown in the following graph:
Bet on rural Spain
Finetwork is an independent operator of Alicante origin, founded in 2015, which already has more than 1.3 million clients throughout Spain, with the projection of reaching 3 million by 2027. One of the keys to this growth will be, precisely, its expansion through rural Spain.
“For a virtual operator like Finetwork (we market access to third-party networks, at an attractive price), the expansion through rural and empty Spain is as fast as the wholesale access agreements that we are able to establish,” says the first operator executive. “In our case, we are proud to have recently closed several wholesale agreements, which make us one of the 3 operators with the largest fiber footprint in the entire country. This gives us a very important growth opportunity beyond the provincial capitals, where the majority of our clients currently reside,” he confirms.
In recent months, Finetwork has greatly expanded its fiber optic coverage, from 12 million real estate units in the middle of the year (equivalent to approximately 75% of Spanish homes) to now exceeding 22 million, equivalent to more than 90 % of the national territory.
“This extension of our fiber footprint is being carried out progressively and represents a very notable leap in provinces such as Albacete, Toledo, Seville, Granada, the interior of Valencia, Tarragona and a good part of the Cantabrian coast, among other regions,” explains Vilda. . The easiest way to know if an operator’s fiber – in this case Finetwork – already reaches your home, second home or office, is to check it from the company’s website.
Regarding mobile connection, Finetwork operates on the Vodafone network and already offers the latest advances, such as 5G and VoLTE.
The case of this “teleco” exemplifies how the high competitiveness that exists in the telecommunications market in Spain, where more than 50 telephone and internet brands coexist, can result in “tangible benefits for the citizens of rural and empty Spain. Access to connectivity provides access to all kinds of opportunities; Without a doubt, it is one of the key levers for equity among all Spaniards,” concludes the CEO of Finetwork.