Ignacio Ugalde
Key Skills
An experienced entrepreneurial professional with over 42 years’ experience in the Telecommunications market, mainly devoted to the Submarine Cable business, having held senior executive positions as a Network Operator (buyer and seller); Manufacturer, Installer, and Service Provider for both marine and terrestrial projects. Capable of managing large organizations and big groups of people, as well as smaller purpose made teams, and able to provide advice for the development of new projects or current operation of existing ones. He also has an extensive experience in the Equity Capital Funds participating as Member of the Advisory Board.
M.S. Degree in Telecommunication Engineering; also, in Business Administration and Economics and in Laws.
Key Career Achievement
• Started up his own Company (TEMASA) devoted to the Submarine Cable Field, specialized in consulting and executing both construction and maintenance prospects, having achieved great success in several projects during these past years.
• Started up a subsidiary Company of a big Telecom Incumbent (Telefonica) to run their submarine cable activities reaching the position of Chairman and CEO.
• Contributed to the undersea and terrestrial construction, operation and capacity sales of the Tyco Global Network (TGN) in EMEA.
• Participated in the creation of the first Cable Maintenance Agreements in both Atlantic and Mediterranean, chairing many of their Committees from the cable and ship owner sides.
• Project managed the first commercial optical submarine cable in the world owned by Telefonica and manufactured by AT&T as well as many others further on.
• Strong experience in managing Consortium Groups for both Construction and Maintenance.
• For 10 years, he was member of the Advisory Board of Proa Capital an Iberian Capital Buyout Fund.
Javier de la Cruz
Key Skills
An experienced entrepreneurial professional with over 43 years’ experience in the Telecommunications market: microwaves links, data networks and the last 30 years mainly devoted to the Submarine Cable business. Having held senior positions as responsible for network installations and maintenance, for both marine and terrestrial projects. Capable of managing big groups of people, as well as smaller purpose made teams, and able to provide advice for the development of new projects or current operation of existing ones.
Degree in Technical Engineering recognized by Telefónica; also, master’s in Foreign Trade and EHS.
Key Career Achievements
• Partner of TEMASA company, devoted to the Submarine Cable Field, specialized in consulting and executing both construction and maintenance prospects, having achieved great success in several projects during these past years.
• Worked in the construction of a subsidiary Company, of a big Telecom Incumbent (Telefonica), to run their submarine cable activities reaching the position of Operations and Maintenance Director.
• Contributed to the Spanish flag cableships construction and operation, and first purpose made ROVs for submarine cable burial.
• Participated in the creation of the first Private Cable Maintenance Agreements in Pacific, Atlantic and Mediterranean.
• Project managed and installed submarine cables for the main SCS suppliers all around the world.