Spanish telecoms firm Aire is acquiring Canary Islands telco Idecnet.
Telco Grupo Aire this week announced it was ‘consolidating its presence’ in the Canary Islands and merging with Idecnet, a local operator with its own network and data center on the islands.
Terms of the merger weren’t shared.
Founded in 1995, Idecnet is based in Las Palmas de Gran Canaria. The company provides connectivity, data center, and voice services to more than 1,100 clients in the Canary Islands. Idecnet had a turnover of more than €4 million ($4.4m) in 2023.
Raúl Aledo, CEO of Grupo Aire, said: “The arrival of Idecnet to Grupo Aire responds to our national and international growth strategy, which is based on incorporating companies that help us reinforce our commitment to customers, offering increasingly technological solutions. complete and personalized.”
He continued: “With the merger of Idecnet, we consolidate our positioning in the Canary Islands, expanding our network and data center infrastructure with the help of one of the main players in the telco market on the islands. In addition, we are delighted to welcome a team of professionals with extensive experience in the sector to Grupo Aire.”
Idecnet operates its own data center in Las Palmas de Gran Canaria along with fiber networks in Gran Canaria and Tenerife. It also has points of presence in mainland Spain in Madrid. The company has previously made references to a second data center at Santa Cruz de Tenerife.
Juan Manuel Castellano, CEO of Idecnet, added: “The integration into Grupo Aire allows us to benefit from the strength of a large business group, and increase the infrastructure and services that we will offer to Canarian companies outside the Islands. The entry into Grupo Aire also favors the approach to companies in the audiovisual industry that are established in the Canary Islands to become their service provider through a complete portfolio of solutions.”
Aire Group’s brands include telcos Aire Networks and Ar Telecom, as well as managed service providers Stackscale and Teradisk.
In 2022 Aire opened a new data center in Malaga, Spain, and is developing a facility in the Toledo region of Spain. Portugal’s Ar operates three data centers in Portugal in Lison, Porto, and Viseu, and has a presence in several Equinix facilities (previously operated by Itconic until it was acquired in 2017). Spanish firm Aire Networks acquired the company in early 2021.
A version of this story appeared on our Spanish edition.
