The Spanish cable operator Telecable may soon find itself under new ownership.

Citing two sources with knowledge of the deal, Reuters reports that the private equity firm Carlyle has hired Goldman Sachs to advise it on the possible sale of its controlling stake in the company.

Carlyle acquired an 85% share in Telecable, which is based in the Asturias region of Spain, in October 2011 in a deal that valued the company at 400 million.