Carlyle hires Goldman for possible Telecable stake sale, say sources-Reuters

Private equity firm Carlyle (CG.O) has hired Goldman Sachs to advise it on the possible sale of its controlling stake in Spanish telecoms operator Telecable, two sources with knowledge of the deal said on Tuesday.

U.S.-based Carlyle has 85 percent of Telecable, a firm which operates in Asturias, northern Spain. Several small telecoms firms offer services in the area, which analysts and bankers say are ripe for consolidation after a round of mergers among bigger operators in the country.

Carlyle and Goldman declined to comment.