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Investment firm, KKR and investment management platform DTCP have teamed up to launch independent infrastructure platform, Open Dutch Fiber.
The new company is set to deploy FTTH broadband in the Netherlands across urban and higher population density areas. The platform has an open architecture and will make wholesale fibre services available to all operators. Operations in the second quarter of this year with a fully-funded commitment for an envisaged capital expenditure of approximately €700m.
Open Dutch Fiber has already signed an agreement with T-Mobile Netherlands, which currently has a mobile base of 6.8 million customers and a fixed base of 682,000. This will make it the anchor tenant for Open Dutch Fiber with a 20-year agreement.