Avatel Takes Over Torrevieja TVT

The internet provider, Avatel, is continuing to swallow up smaller firms in the Alicante province, expanding their footprint and reducing competition, and have now taken over the company Televisión Costablanca SL in Torrevieja, the company responsible for the local Televisión Torrevieja (TVT), Televisión Vega Baja and TVT Radio.

The 27-year-old firm also offers internet, television, mobile and landline telephone and business services. In 2022 it had a turnover of 3.1 million euro.

According to the Official Gazette of the Commercial Registry (Borme), at the end of February the Malaga company Avatel Telecom became the sole partner of Televisión Costablanca SL with the dismissal of its directors until then, Manuel García Torregrosa and Manuel Aparicio Ferrer. The new appointments include, as joint administrators, José Ignacio Aguirre and Victor Manuel Rodríguez Filgueira. The company, now in the hands of the company with origins in Malaga, has also changed its administrative body.

It is not Avatel’s only Alicante acquisition this year, and it´s only just March, as at the beginning of February it bought Cloud Fiber, from Xàbia, which was born as a company in 2018 to provide connection, fibre optic telephony, television and other telecommunications services  in the Xàbia area and region.

The firm took over 25 telcos in 2023, and in the Torrevieja area, Connect Fiber and King Fiber were amongst their acquisitions. That year began for the company born in Malaga by acquiring another local telecommunications company for implementation in the province, specifically, Telitec Connections, based in Teulada.

Avatel’s national expansion responds to a roadmap and its strategic plan that includes new acquisitions and in which, in addition to establishing itself in the Valencian Community, it also begins to expand to Galicia, Extremadura and Aragón. The company’s new signatures total 85 million euro in 2023 and it already has 155 integrated operators with a total investment in the last three years of 650 million euro. Likewise, Avatel was awarded 132 million euro to connect the 5G towers in 30 provinces in Spain with fiber optics.

Another of Avatel’s latest movements in the province of Alicante was the purchase of the telecommunications company Redfibra in Vega Baja in June 2022. In this case, it acquired Redfibra Telecomunicaciones SL, a Callosa de Segura company that provides telecommunications services with its own fibre optic network, not only in the municipality of Callos, but also in Rafal and Redován. Likewise, in May 2022 it bought the Alicante-based Omaa Telecom SL, a company behind the Alacatel brand, which provides fibre optic service, especially in the north of the Alicante city. In April it acquired the companies Fibramed Telecom, based in the district of Torre de la Horadada (Pilar de la Horadada), on the Vega Baja coast and also with Unión de Redes de Fibra Óptica, based in Orihuela. Both firms provide fibre optic and internet coverage in their municipalities and had the same administrator.

In fact, Avatel’s presence was already known in the Alicante province since 2018, when the Malaga company took ownership of the TV Horadada group, distributor of telephone, Wimax, internet and cable television services. The operation was closed for 20 million euro, expandable up to 32 million if a series of commercial objectives were met. In several months, a transition of the services was carried out, which began to be offered on the Avatel portals and in October 2019, the old group, TV Horadada, of which only the companies remained, was finally absorbed by a company from the cluster. Likewise, also in 2018 Avatel took over all the assets of the company Flexicable, a local operator in several parts of the province such as Santa Pola or Altea.

In the summer of 2021, it bought the companies Connect Wifi SL, from Torrevieja, as mentioned, and the companies based in Banyeres de Mariola, Tramuntanet Solutions SL and Ibérica de Tramuntanet SL, which make up Tramuntanet, a fibre optic brand that provides coverage in that municipality and also in Pego and Beneixama. Also, in the autumn of that year it acquired the company GP Superfibra (known by its commercial brand, Grupo Peluche) from the Alicante town of Albatera. It began 2022 by acquiring the group of independent operators Somos-Fibra, which brings together more than 20 operators to continue establishing itself in the southern area of ​​Alicante and Murcia.

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