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Orange forges Polish fibre venture - Mobile World Live 12 APR 2021
Orange continued to make progress with its European infrastructure strategy, announcing a joint venture with APG worth more than €600 million to rollout fibre across Poland.
In a statement, Orange Polska explained the fibre company is a 50:50 joint venture and covered a total of 2.4 million lines, including 1.7 million to be added over the next five years.
The venture is targeting areas of Poland where access to high-speed broadband infrastructure is limited or non-existent.
Orange Polska will receive €303 million from APG, 65 per cent of which will be transferred once the deal closes with the remainder between 2022 and 2026 as the deployment plan advances.
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