Telecable

This is about the Spanish company. For Telecable, the Canadian company that operated out of Saskatchewan from the 1970s to the 1990s, see its successor company, Shaw Communications.
Telecable
Company typeSociedad anónima
IndustryTelecommunications
Founded1995
HeadquartersScientific and Technology Park of Gijón, Asturias (headquarters)
Oviedo, Asturias (registered office)
ProductsBroadband Internet access, mobile phone, digital TV
OwnerEuskaltel
Websitewww.telecable.es

Telecable is a cable company that operates in Asturias (northern Spain) offering triple play services (telephone, Internet and television) as well as mobile phone services as an MVNO since 2007.

History

The company started out as Telecable de Oviedo, Telecable de Gijón and Telecable de Avilés in 1995. In December 1998 it is given a license to work in all Asturias. From 2011, it started deploying a fiber network infrastructure in another Spanish region, Extremadura.[1]

In 2015 the company was acquired by Zegona Communications plc for a sum of 640 million euros.[2]

In October 2017, it was announced that Euskaltel had reached an agreement with Zegona to purchase its Asturian subsidiary Telecable for an amount of 686 million euros, which could be increased to 701 million euros.[3]

In 2019, after the acquisition of R (R Cable y Telecomunicaciones Galicia, S.A.U.) and Telecable (Telecable de Asturias, S.A.U.) by Euskaltel, the first company merged with the second through absorption, forming a new entity named R Cable y Telecable Telecomunicaciones, S.A.U.[4]

See also

References

  1. ^ Salinas, José Luis (28 May 2010). "Telecable invierte 150 millones en llevar la fibra óptica a Extremadura". La Nueva España. Retrieved 12 April 2021.
  2. ^ Zegona buys Spain's Telecable for 640 mln euros
  3. ^ "Euskaltel compra Telecable por hasta 701 millones de euros". Expansión.com (in Spanish). 2017-05-16. Retrieved 2024-08-27.
  4. ^ "DECLARACIÓN AMBIENTAL 2019 R CABLE Y TELECABLE TELECOMUNICACIONES, S.A.U." (PDF). estatico.mundo-r.com. 2020-10-02. Retrieved 2024-08-27.


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