CableTEL extends services to Prilep

23 Aug 2010

Macedonian fixed telephony, cable TV and internet access provider CableTEL has launched commercial services in Prilep, replacing the former regional cablecos there, thanks to an investment of EUR1.2 million (USD1.5 million). Kanal5 reports that CableTEL’s investment has allowed it to improve the quality of its networks and services, as it looks to build on a reputation of being a key player in the domestic TV, internet and telephony markets.

According to TeleGeography’s GlobalComms Database, in September 2008 the Dutch investment fund Fiction Production Holding announced it was taking over the management of CableTEL. The fund submitted documentation concerning its desire to acquire 100% of CableTEL to the Macedonian Competition Agency. CableTEL was established in Macedonia in August 2006 and today employs around 200 people. It was previously backed by the Bulgarian group of the same name, which also has operations in Serbia, Albania and Turkey. It had an estimated 42,000 broadband subscribers at the end of March 2010, up from 40,000 at the start of the year and around 23,000 in December 2008.

North Macedonia, Blizoo (Macedonia)