Parlem Telecom Companyia de Telecomunicacions SA, a publicly owned Spanish telecommunications company founded in 2012, provides a range of services. These include prepaid and contract mobile phone services, fiber-optic and ADSL internet access, landline telephone service, and pay TV. As of 2023, the company employed approximately 70 people and generated less than $25 million in revenue.
In March 2024, reports emerged of negotiations between Parlem and Avatel regarding the acquisition of Avatel's assets in Catalonia, Valencia, and the Balearic Islands. These negotiations signaled a broader trend of increasing importance for regional fiber networks. Later in March 2024, sources confirmed that Banco Santander is involved in facilitating the merger of Avatel's Catalan operations with Parlem, aiming to improve synergies in mobile and fiber networks, as well as retail. The merger would allow Parlem to maintain independence while leveraging Avatel's fiber-optic networks and retail channels in Catalonia. Separately, in 2024, Parlem secured a €5 million credit line from Andbank to support expansion and explore new strategic opportunities.
Parlem offers 5 products in the media and telecoms services industry. Parlem's product portfolio comprises of media and TV services and telecoms services.
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Parlem's revenues were $22.1M in 2023. Caretta Research has split Parlem's revenue into 5 different product categories, the largest of which is mobile services, which represents 33% of Parlem's revenue.
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