Global investment firm KKR has agreed to acquire a majority stake in PangeaCo and the existing fiber optic networks in Peru of Telefónica del Perú and Entel Perú. This acquisition aims to establish Peru’s first nationwide open access wholesale fiber optics company, thereby enhancing fiber optics connectivity throughout the country. This consolidation of PangeaCo, Telefónica […]
Spanish telecom firm Telefónica Group has agreed to divest a 45% stake in its fibre-to-the-home (FTTH) business in rural Spain for €1.02 billion to a French consortium of insurance firm Crédit Agricole Assurances (CAA) and asset management company Vauban Infrastructure Partners. The parties will subsequently create a new company called Bluevia Fibra for commercializing and […]
German insurance giant Allianz Group and Spanish telecommunications company Telefónica Group agreed to create a 50:50 joint venture (JV) for deploying fiber-to-the-home (FTTH) in Germany with an investment of up to €5 billion. The new FTTH company plans to install more than two million Homes Passed in rural and semi-rural areas region by creating a […]