 | |
| Company type | Sociedad anónima |
|---|---|
| Industry | Telecommunications |
| Founded | 1995 |
| Headquarters | Scientific and Technology Park ofGijón,Asturias(headquarters) Oviedo,Asturias(registered office) |
| Products | Broadband Internet access, mobile phone, digital TV |
| Owner | Euskaltel |
| Website | www.telecable.es |
Telecable is a cable company that operates inAsturias (northernSpain) offering triple play services (telephone,Internet andtelevision) as well as mobile phone services as anMVNO since 2007.
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 allAsturias. From 2011, it started deploying a fiber network infrastructure in another Spanish region,Extremadura.[1]
In 2015 the company was acquired byZegona 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 ofR (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]
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