- Zegona Communications said its main investment holding and telecom company Euskaltel had signed a trademark licence agreement to use the Virgin brand in Spain.

Zegona was the largest shareholder of Euskaltel, owning more than 20% of the company.

Virgin would take Euskaltel into the 85% of the Spanish market where it was not present today, Zegona said.

At 9:37am: [LON:ZEG] Zegona Communications Plc share price was 0p at 110p

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