R Cable y Telecomunicaciones Galicia, S.A. is a Spanish telecommunications company that offers

fixed Fixed may refer to: * ''Fixed'' (EP), EP by Nine Inch Nails * ''Fixed'', an upcoming 2D adult animated film directed by Genndy Tartakovsky * Fixed (typeface), a collection of monospace bitmap fonts that is distributed with the X Window System * ...

and

mobile telephone A mobile phone, cellular phone, cell phone, cellphone, handphone, hand phone or pocket phone, sometimes shortened to simply mobile, cell, or just phone, is a portable telephone that can make and receive calls over a radio frequency link whil ...

, television and

broadband internet In telecommunications, broadband is wide bandwidth data transmission which transports multiple signals at a wide range of frequencies and Internet traffic types, that enables messages to be sent simultaneously, used in fast internet connections. ...

services to businesses and consumers in

Galicia Galicia may refer to: Geographic regions * Galicia (Spain), a region and autonomous community of northwestern Spain ** Gallaecia, a Roman province ** The post-Roman Kingdom of the Suebi, also called the Kingdom of Gallaecia ** The medieval King ...

, Spain.

History

In 1998, when the

telecommunication industry The telecommunications industries within the sector of information and communication technology is made up of all telecommunications/telephone companies and internet service providers and plays a crucial role in the evolution of mobile communication ...

was liberalized, Galicia, Spain adjudicated a contest to deploy wire in the area. At stake in the contest were three territorial demarcations: A Coruña, Santiago de Compostela and the rest of Galicia. The contracts for the three demarcations were won by the Galician Group of Companies for the Wire, Group Wire S.A. The two group companies would later merge to form R Cable y Telecomunicaciones Galicia, S.A. when the demarcations were consolidated administratively. During 2006, R expanded its geographic operations, offering direct access services to small areas in Galicia such as Monforte de Lemos, Sarria, Sada,

O Porriño O Porriño (historically known in English as ) is a municipality in Galicia (Spain), Galicia, Spain in the province of Pontevedra (province), Pontevedra. An industrial town, in the Vigo metropolitan area, it is an important economic dependency. ...

and A Laracha. R also established agreements with other municipal councils like Xove,

Burela Burela is a municipality in the Galician province of Lugo. It is in the comarca of A Mariña. Burela is a coastal town on the shores of the Cantabrian Sea. An extension area of 8.2 square kilometers was created in 1994, following the segrega ...

, Vilalba, Ribadeo and Viveiro.

Services

R provides television, broadband Internet, and mobile telephony services to over 820,000 homes and companies in the Galicia region. The television service brings over a hundred channels to customers with the related signal decoder. It includes Oriel, a pay television service where customers can order films, sports programming, and television series. For customers without the signal decoder, R provides about two dozen channels. R also provides TDT channels and other channels for those with the DVB-C cable reception system. For Internet service, R offers various speed packages from 3Mbit/s to 100Mbit/s.The Internet speed packages listed are for download rates. Upload rates are a smaller fractions. R was one of first operators to offer 100 Mbit/s asymmetric speeds in Spain. On 20 November 2007, the eighth anniversary of the company, R launched a mobile telephony service as a

Mobile virtual network operator A mobile virtual network operator (MVNO) is a wireless communications services provider that does not own the wireless network infrastructure over which it provides services to its customers. An MVNO enters into a business agreement with a mobil ...

(i.e. it uses the antenna network of another company). The service went live on 3 December, and has garnered 190,000 customers.

Corporate affairs

R has had numerous changes in ownership, including 25 major shareholding exchanges. One of its most important changes was in September 2008, when

Caixanova Caixa de Aforros de Galicia, Vigo, Ourense e Pontevedra (trading as Novacaixagalicia) was the name of a short-lived Spanish savings bank based in Galicia. It was created following the forced merger of the two major savings banks in the region, Ca ...

, NCG Banco's predecessor, bought the 35.44% held by Unión Fenosa (which was acquired by Gas Natural), which gave Caixanova a 66.24% share. In April 2010, British private equity firm

CVC Capital Partners CVC Capital Partners is a Luxembourg-based French private equity and investment advisory firm with approximately US$133 billion of assets under management and approximately €157 billion in secured commitments since inception across American, E ...

acquired a 35% stake in R. In November, CVC exercised an option to increase its stake to 70% in an agreement in which the current shareholders looked for "to guarantee the future of the Galicia City of the project, keeping its current social headquarters". In February 2014, CVC acquired the remaining 30% of the stock from NCG Banco.https://www.rbccm.com/communications/file-657838.pdf In November 2015, Euskaltel acquired R.

Gallery

Image:TelefonoR.jpg, A Mundo-R telephone booth in Vigo.

Notes

References

External links

*
R cable portfolio
at CVC Capital Partners {{Authority control Cable television companies of Spain Companies based in Galicia (Spain)