By IPE staff2021-01-25T14:44:00+00:00
Primevest Capital Partners has partnered with Vodafone Germany to roll-out fibre optic network in Hadamar, Germany.
Primevest said it will finance and build the infrastructure for around €20m and lease it back to telecom firm Vodafone.
The installation of the network, which will start later this year, will replace existing DSL systems.
Bas van Dongen, communication infrastructure partner at Primevest Capital Partners, said: “Germany is one of the world’s leading economies but lags behind other markets in the provision of superfast broadband connectivity, which acts as a drag on productivity, both privately and in business.