SMP advised DTCP on the deal.
KKR, a global investment firm, and Deutsche Telekom Capital Partners (DTCP), an investment management platform, have announced that they have entered into an agreement with T-Mobile Netherlands to launch a joint venture known as Open Dutch Fiber.
Open Dutch Fiber, which is majority-owned by KKR and with DTCP as a minority shareholder, will provide fiber-to-the-home (FTTH) broadband in the Netherlands. It will be delivering high-quality fiber connections to Dutch residents and businesses in predominantly urban areas. The platform has an open architecture and will make wholesale fiber services available to all operators.
The platform has an open architecture and will make wholesale fiber services available to all operators. Open Dutch Fiber will begin operations in Q2 2021 with a fully-funded commitment for an envisaged capital expenditure of approximately €700 million and construction agreements already in place.