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In an agreement with Altice Europe, Vodafone Group will roll out Fiber-to-the-Home in Germany as part of a €7 billion investment in its largest market. This collaboration complements Vodafone’s well-defined objectives for upgrading its current hybrid fiber cable network. According to a statement released by the two corporations on Monday, FibreCo, a 50/50 fiber partnership between Vodafone and Altice, will deploy fiber optic lines to as many as 7 million residences in Germany. Approximately 70% of the cost will be covered by debt raised by the new company. The transaction is scheduled to be completed in the first half of 2023. The transaction is thought to yield Vodafone up to €1.2 billion in cash proceeds from Altice, which is projected to exceed Vodafone’s portion of stock commitments. The profits include €120 million upon closure, up to €487 million in deferred payments as additional homes are connected, and another…

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Telefónica sells 45% stake in Spanish rural fiber unit Bluevia

By Aiste Kryzanovske July 26, 2022

Spain’s Telefónica has announced that it will sell a portion of its rural fiber network to a group led by France’s Credit Agricole and Vauban for roughly 1 billion euros. According to a statement released by Telefónica, the financial group and the investment firm will buy a 45 percent stake in Bluevia, a provider of rural fiber, with a total valuation of 2.5 billion euros. Telefónica also stated that it anticipates the deal to be finalized by year’s end, subject to regulatory approvals. Bluevia is a platform for managing and deploying fiber networks in underserved rural parts of Spain in collaboration with networks administered by third-party operators. The transaction takes place less than a month after Telefónica established their dedicated neutral wholesale FTTH provider, which is primarily focused on connecting areas comprising Spain’s lowest population densities. As a neutral wholesaler, Bluevia will establish a fiber network in…

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Iliad Italia invests in FiberCop

By Aiste Kryzanovske August 10, 2021

Telecom Italia (TIM) has inked a deal with the Italian branch of Xavier Niel’s Iliad to co-invest in TIM’s last-mile grid firm FiberCop in order to accelerate the deployment of fiber broadband lines in Italy. Under the terms of the agreement with TIM, Iliad will co-invest in FiberCop to assist in the development of the network that connects street cabinets to people’s houses. Iliad will receive access to Telecom Italia’s core fiber network, allowing it to provide ultrafast fiber-to-the-home (FTTH) connections to clients. According to TIM, the agreement validated FiberCop’s investment strategy, which aims to link 75 percent of Italy’s so-called grey and black zones, including cities and industrial districts, with FTTH connections at speeds of more than 1 gigabyte per second by 2025. The agreement’s financial terms were not disclosed. According to analysts, the FiberCop agreement might help TIM counter some of the heightened competitive pressure…

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A quick roundup of the news in Telecoms | Week #44

By Aiste Kryzanovske October 30, 2020

CallTower delivers Native Microsoft Teams Cloud Contact Center CallTower, a global provider of cloud-based, business-class unified communications and collaboration solutions, announced that it is offering a Native Microsoft Teams Cloud contact center through its strategic partner Five9. The integration of Five9 and Microsoft Teams enhances the customer experience by leveraging the collaboration capabilities of the Teams platform and integrating it into the Five9 Intelligent Cloud Contact Center solution. In addition, Five9 recently announced their CallTower “US Reseller of the Year 2020” initiative as part of the Five9 2020 Global Partner Awards. Read more at: https://tinyurl.com/yy8klgy5 Cellnex wants to acquire Hutchison towers The Spanish operator Cellnex is eyeing the acquisition of CK Hutchison’s entire European tower portfolio for over $10 billion. It was first reported that CK Hutchison was looking to sell a smaller stake in its European tower unit back in July, but Cellnex plans to buy the whole package…