Telefónica to sell stake in FTTH business in rural Spain to CAA and Vauban

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Telefónica to sell stake in FTTH business in rural Spain to CAA and Vauban

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 […]

Allianz, Telefónica partner to build €5bn fiber optic network in Germany

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Allianz, Telefónica partner to build €5bn fiber optic network in Germany

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 […]