Telefónica, Vodafone Spain secure AXA backing for fibre JV
Operator duo firm up investment from AXA for their Fiberpass joint venture, with the asset manager seeing it as a “rare opportunity” to expand in a key European market. Zegona affirmed the move “completes” Vodafone Spain’s fibre transformation strategy, as wider cost-cutting programme starting to show results…
This article includes:
- Organisations: Allianz; Altice France; AXA Investment Managers; Bluevía; Fiberpass; GIC; Lyntia Networks; MásOrange; Omers Infrastructure; PremiumFiber; Telefónica; Vantage Towers; Vauban Infrastructure Partners; Vodafone Group; Vodafone Spain; XpFibre; Zegona Communications.
- Geographies: Asia-Pacific; Europe; France; Singapore; Spain; United Kingdom (UK).
- People: Mark Gilligan; Eamonn O’Hare.
- Themes: Acquisitions; Asset management; Broadband; Business transformation; Capital outlay; Cost cutting; Customer growth; Dark fibre; Deals; Debt reduction; Digital infrastructure; Efficiencies; Enterprise (B2B); Fibre (FTTP); Financial performance; Fixed assets; Infrastructure; Infrastructure investment; Joint ventures; Job cuts; Market expansion; Network rationalisation; Regulatory approval; Restructuring; Shareholder remuneration; Strategy; Transformation; Turnaround; Wholesale agreement; Wireless infrastructure.
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