Transfers of undertakings and guarantees of employment

1. The application of the collective agreement to which the company Euskaltel, S.A. is a party has recently raised this issue by reason of said agreement containing a guarantee of employment for its workers. Euskaltel, with most of its share capital privately owned, is a telecom operator in the Basque country and offers land line, mobile, Internet and digital television services. One of its departments, that of «Development and Operations», is responsible for maintenance and programming of the software and infrastructure related to the company’s information systems, creating, developing and installing computer programming and offering computer maintenance…